99 – 101 High Road, East Finchley, London | Property for sale | Savills
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Guide price £1,450,000(19.529.393 kr)

99 – 101 High RoadEast Finchley, London

  • New
  • Sole agency
  • Freehold

Key features

  • Substantial freehold four floor mixed use investment
  • Ground floor retail let to Ladbrokes
  • Offices and four residential units over the upper floors
  • Part vacant investment currently producing £65,400 per annum
  • Three residential units vacant
  • East Finchley Station is less than half a mile distant

Ground floor retail let to Ladbrokes. Offices and four residential units over the upper floors. Part vacant investment, Rent reserved £65,400 p.a.

About this property

  • A four floor terraced building comprising a double retail unit arranged over ground and basement floors let to Ladbrokes. There is a basement which is accessed through a hatch within the ground floor sales area, this has not been inspected. The first floor is part-divided with an office unit to the front of the building which comprises mostly of open plan office accommodation, a kitchenette area and WC. The remainder of the building is residential, which is currently split into four separate units, we understand known as 99a Front, 99a Rear, 99b and 101a. Access to the residential accommodation is found directly off High Road and is separate to the retail entrance.

Local information

  • Situated to the west side of High Road, close to the junction with Leicester Road.
  • A busy and thriving retail location within an affluent residential area. Oher nearby multiple occupiers include Sainsburys, Iceland and Cafe Nero, together with a broad mix of local restaurants and shops.

Additional information

  • By order of the Court Appointed Receiver Savvas Socratous C/o Alexander Lawson Surveyors
  • *Unit 101a is understood to be let on an AST. we understand no rent has been received since June 2021 (£43,200 in arrears) the occupier claims the AST was never signed but the trial judge found otherwise in her judgment. Interested parties should refer to the legal pack for further information.
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