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3 The Promenade 686 SF Office/Retail Condo Unit Offered at $502,311 in Edgware HA8 7JZ
INVESTMENT HIGHLIGHTS
- Premises are situated close to the busy junction of Station Road
- Red brick Facade
- Nearby multiples include National Westminster Bank, Nationwide Building Society & Tesco
EXECUTIVE SUMMARY
1-17 The Promenade comprises a mixed-use building arranged over four floors, with retail units on the basement and ground floors, a D1 unit arranged over a ground and first floor and residential space in the remainder of the property. The property is located on The Promenade, situated off Edgwarebury Lane. The A41 is within easy reach and Edgware Underground Station is within walking distance.
PROPERTY FACTS Sale Pending
| Total Building Size | 13,661 SF | Typical Floor Size | 12,888 SF |
| Property Type | Retail (Condo) | Year Built | 1850 |
| Property Subtype | Storefront Retail/Residential | Lot Size | 0.69 AC |
| Building Class | B | Parking Ratio | 0.15/1,000 SF |
| Floors | 4 |
| Total Building Size | 13,661 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 12,888 SF |
| Year Built | 1850 |
| Lot Size | 0.69 AC |
| Parking Ratio | 0.15/1,000 SF |
AMENITIES
- 24 Hour Access
- Bus Line
- Courtyard
- Security System
- Storage Space
- Smoke Detector
1 UNIT AVAILABLE
Unit 3
| Unit Size | 686 SF | Sale Type | Investment or Owner User |
| Price | $502,311 | Tenure | Long Leasehold |
| Price Per SF | $732.23 | No. Parking Spaces | 2 |
| Condo Use | Office/Retail |
| Unit Size | 686 SF |
| Price | $502,311 |
| Price Per SF | $732.23 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Tenure | Long Leasehold |
| No. Parking Spaces | 2 |
DESCRIPTION
Comprises a lock up shop / office together with storage and the benefit of 2 car parking spaces in the rear yard.
SALE NOTES
Offers in the region of £375,000 for the benefit of the long leasehold
interest together with full vacant possession.
Held on a 999 year lease from 1998 subject to peppercorn rent.
Planning permission was granted by Barnet Council on 27 January 2016 for a single storey rear extension and alterations to the shop front. Although planning has lapsed the owners has made alterations to the shop front and believe the consent has been implemented, but purchasers must satisfy themselves.
NEARBY MAJOR RETAILERS
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3 The Promenade
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