Alexandra, 1 Church Lane, East Finchley, London, N2 8DX

Alexandra, 1 Church Lane, East Finchley, London, N2 8DX

£700,000
Commercial
Sold
About this Property
19 May 2020
Sold
£700,000
Traditional
Commercial
£700,000
Description

Freehold commercial property located at 1 Church Lane, East Finchley, London, N2 8DX. The investment comprises a restaurant and bar with residential accommodation above, situated in an affluent north London suburb. The property is entirely let on a lease expiring in 2033 without a break, with annual RPI linked increases and additional five-year rent reviews. It features an extensive patio area at the rear. The location is approximately 1km from East Finchley Underground Station (Northern line) and is in a predominantly residential area near Finchley High Road (A1000). VAT is applicable, and the rental value is £33,890. There is potential for redevelopment subject to necessary consents.

Location
More Information
Freehold
Planning Authority
Barnet LPA
Address History
14 Mar 2019Sold£446,189
21 Jul 2020Withdrawn Lot Allsop£700,000
15 Jun 2021Sold Lot Allsop£680,000
28 Jul 2021Sold£680,000

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