Garages to the rear of Embassy Court, Bounds Green Road, London N11 2EU
Offers in excess of £1,100,000
Development opportunity for sale with planning permission for 8 apartments
Planning permission for 8 apartments measuring approximately 5,156ft2
2 minute walk from Bounds Green Station
Located in Bounds Green
Offers in excess of £1,100,000
The existing land comprises 24 garages on a site area of approximately 0.155 acres, which now benefits from planning permission to create 8 apartments over ground and first floors comprising 4 x 1 bed and 4 x 2 bed of approximately 5,156ft2.
The site is situated to the rear of Embassy Court on Bounds Green Road, within the London Borough of Haringey. Bounds Green is a quiet, leafy area of North London with many Edwardian properties The site is well situated near to local amenities such as a pharmacy, post office and independent shops all of which are just a short walk away. The Iconic Alexandra Palace and Alexandra Park are a short drive away offering various events and large green open spaces and are great for family days out. There are many outstanding schools within half a mile of the property including Bounds Green Infant School and Alexandra Park Secondary School.
The site is well situated with both Bounds Green underground station (Piccadilly line) only a 2-minute walk and Bowes Park Train Station (Great Northern) a 7-minute walk giving access to Heathrow airport, Knightsbridge, Moorgate and Kings Cross St. Pancras. There are also many bus routes serving the area for an easy commute around London, the property lies along the A109 with links to the A406 leading out to the M1 and M25.
The site has planning permission under planning reference HGY/2017/2095 for the demolition of the existing garages to create a new development of 8 flats. This consent is currently being altered by way of a s73 application to provide 4×1-bed flats and 4×2-bed flats. The planning consent is subject to a car free s106 agreement.
For any further information please contact Haringey Council on 0208 489 5504.
We understand that VAT is applicable.
Viewings can be adequately made from the roadside in the first instance.
The site is liable for a Mayoral CIL and Haringey CIL of approximately £59,177.
Planning and other related documents will be sent in the form of an information pack that can be requested from a member of the Highfield team.
We are inviting offers in excess of £1,100,000 for the freehold interest.
Buyers note: The vendors have procured a formal agreement with the neighbouring developer for the installation of all new utilities onto the subject site. This includes new connections for gas, electricity, mains water, drainage and communications. The cost of these works have already been covered by the vendor.
Please note the information provided by Highfield Investments London Limited, trading as Highfield Investments has been given in good faith, however all parties must undertake their own due diligence to satisfy themselves in regards to accuracy.