Offers over £14,000,000

44-46 High RoadWood Green, London N22 6BX

    Key features

    • Planning permission demolition of the existing building & redevelopment
    • Located close to the amenities of Green Lanes, Hornsey and Wood Green
    • For sale freehold with vacant possession

    Residential-led development opportunity of 0.27 hectare site comprising a part-two, part-four storey retail building

    About this property

    • The Site is situated on High Road in Wood Green and is bounded by Bury Road to the east and existing commercial units to the north and south. The site extends to 0.27 hectares (0.67 acres), and currently comprises a part-two, part-four storey building occupied by Bright Home which extends to approximately 8,364 sq m (90,029 sq ft) GIA. The tenant is paying a rent of £10,000 per month, and the license can be terminated with 4 weeks notice. The property has a Rateable Value of £376,110 and interested parties are advised to make their own enquiries of the Local Authority for the business rates payable.

    Local information

    • Hornsey and Wood Green are rapidly developing neighbourhoods, supported by excellent transport links, a vast array of local amenities, and great access to public open space. The wider area is predominantly characterised by Victorian terraced housing, while the High Road is the commercial hub of the area. It comprises a range of local shops, amenities and facilities with many buildings providing residential accommodation on upper floors. The site also lies close to the affluent areas of Crouch End, Harringay Ladder and Finsbury Park, all of which offer a further array of cafés, bars and public open space.
    • The Mall Wood Green shopping centre which is anchored by Boots, H&M, Next, Primark, Superdrug, Wilko, New Look, TK Maxx, Cineworld, HMV and WH Smith is found towards the northern end of the High Road, and boasts some of the highest footfall of any shopping centre in London.
    • Alexandra Park, an 80-hectare park is located approximately 1.6 km (1 mile) to the north west, while Alexandra Palace entertainment and sports venue hosts a vast array of concerts, exhibitions and sports events is located approximately 2.3 km (1.4 miles) north west of the site.