SOLD
On behalf of private client

Colney Hatch Lane

Friern Barnet, London, N11

A RESIDENTIAL-LED DEVELOPMENT
OPPORTUNITY WITH PLANNING PERMISSION FOR 204 RESIDENTIAL UNITS & pre sold FOOD STORE

The existing site extends to approximately 0.93 hectares (2.3acres) and consists of a former car showroom, service garage and a large surface car park.

The existing buildings and land are let under two separate leases to Shannon Commercial Ltd, at a peppercorn rent and expiring on 31st Dec 2024. The leases are outside the Landlord and Tenant Act 1954 and can be terminated earlier with 4 months notice.

Planning permission has been granted to demolish the existing buildings and redevelop the site to provide two buildings, part six, part seven stories in height plus basement level car parking (93 spaces) and comprising of 204 residential units (Class C3) and a pre sold food store (Class A1) with 65 car spaces along with bike racks.

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