1-7 Nant Road 2 Properties Offered at $3,470,183 in London

THE SITE
This is currently occupied by an end of terrace part single storey and part two storey warehouse and office building (Numbers 1-5) and mid terrace two storey building (Number 7), used as offices, which had previously into four flats, together with a rear courtyard. There is a total approximate floor area of 9,300 sq ft.
DEVELOPMENT OPPORTUNITY
The site falls within the London Borough of Barnet. The local plan has a housing target to deliver nearly 44,000 new homes by 2036. In an effort to boost house building in London, the Government and Mayor of London, in a joint policy paper have confirmed developers will be able to secure planning permission without a viability assessment on
private land where they commit to 20% of affordable housing, down from the current 35%. The package will also contain changes to design standards in a bid to increase density, together with relief to cover 50% of the CIL charge. Please take professional advice in these respects. There has been substantial regeneration in Granville Road and Nant Road www.newgranville.co.uk.which historically comprised warehouses and offices, the vast majority of which have been redeveloped into flats
and houses. The site partially overlooks Childs Hill Park and recent developments include Granville Gardens, opposite and to the corner of Nant Road.
GUIDE PRICE
Unconditional offers of £2.6 million plus VAT for the benefit of the Freehold interest with full vacant possession with proposed completion in March 2026