61 Station Road, New Barnet, Barnet EN5 1PR

Offers in excess of £950,000

Residential Development Opportunity

Freehold

New build

Planning permission for 6 residential units and communal gym

Off-street parking

Close vicinity to High Barnet Underground Station

Offers in excess of £950,000

Description

The existing property comprises a 3 storey detached single family dwelling, which now benefits from planning permission to demolish the existing house and to create a contemporary new build scheme of 6 luxury self-contained apartments with communal gym. Each of the new units will also benefit from off-street parking.

Location

The property is located on Station Road, a short walk from Barnet High Street, within the London Borough of Barnet. Barnet High Street has an extensive range of retail facilities, including the Spires Shopping Centre and is also home to many mainstream restaurants. The property benefits from being within close vicinity to many excellent schools and Barnet College.

Transport

Station Road is within short walking distance of New Barnet Station and High Barnet Underground Station, which is on the Northern Line, providing a 30 minute commute into the centre of London. There are also plenty of bus routes, including the N20 night service that runs to Trafalgar Square. The M25 and A1(M) are close by, providing links to Central London and all major London airports.

Planning Permission

Planning permission was granted by Barnet Planning Department on 16.07.2014 under planning reference B/1780/14 for the demolition of the existing house and erection of a 4 storey building to provide 6 self-contained flats and a gym.

VAT

We understand VAT is not applicable

Viewings

Viewings can be adequately made from the roadside.

Terms

Offers are invited in excess of £950,000 Subject to Contract

CIL Payments

Mayor CIL £10,255 and Barnet Council CIL £39,555 total contributions £49,810.

Additional Information

Copies of the existing and proposed planning drawings and decision notice are available upon request.

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.