North London Office with Development Potential
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North London Office with Development Potential

London, United Kingdom

79%

Offers invited

Office

#35817

Core+, Value-Add

19 Feb 2025

Property Details

Broker

For sale

19,118 sq.ft.

1,776 m²

NIA

0

Freehold

X

Fees

0.00 %

0.50 %

0.50 %

0.00 %

Investment Overview

Rare opportunity to acquire a substantial freehold in the heart of Southgate, an affluent North London suburb. Superb connectivity – excellent road connections and just 300 metres from Southgate Underground Station. Comprising 19,118 sq ft NIA (21,768 sq ft GIA) of Class E (office) accommodation arranged over ground, first and second floors. Boasting 51-metre frontage to Chase Side, one of Southgate’s main throughfares. Sold with full vacant possession. 0.41-acre site with low site density and rear surface car parking, offering substantial development potential. A feasibility study has been undertaken proposing increased massing and conversion of the upper floors to private residential apartments. Suitable for a variety of different uses, including offices, retail, leisure, residential, educational and hotel (subject to the necessary planning permissions). Ideal for investors, developers or owner occupiers.

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