East End Road, East Finchley N2 0SE
Offers in excess of £4,750,000
The property comprises a detached building extending to approximately 10,903 sq.ft. GIA over basement, ground and first floors.
The main Georgian building dates back to the early 19th Century (circa 1800 – 1817) and has been extended and adapted over the years, as recently as 1976.
The property, which has been vacant since September 2016, was most recently used as a residence by friars and is currently arranged as living accommodation including kitchen, dining area, library and 17 bedrooms with storage in the full height basement.
The buildings occupy a site area of over 1 acre which incorporates attractive landscaped grounds and car parking. The property is accessed from a gated entrance via East End Road and provides
extensive frontages onto Thomas More Way and Julian Close. The site also benefits from a vehicular right of access to the northern boundary via Julian Close.
The property is located on the northern side of East End Road in East Finchley and bounded by Hampstead Garden Suburb, within the London Borough of Barnet.
The immediate area comprises mainly of high quality residential properties, including 8 luxury new houses which have been developed on the adjoining property. The other surrounding uses include Buckland House (an office and community building) and the new Chandos Tennis Club, which have both been recently developed.
There are a collection of shops and restaurants available approximately 250m along East End Road, and more substantial commercial offerings available in Finchley town centre (Regent’s Park Road and Ballard’s Lane) circa 0.5 miles to the north-east and East Finchley High Road is approximately 1 mile to the south-east.
The area benefits from excellent road links with the A406, A1 and M25 all within close proximity. The nearest station is Finchley Central (approximately 0.8 miles to the north-east of the property) which provides Northern Line Underground services, with journey times including:
King’s Cross St. Pancras – 18 mins | Tottenham Court Road – 21 mins | Bank – 27mins
Planning & Development Potential
The property is Grade II listed. The site is not located within a Conservation Area and is not zoned within the Local Authority’s UDP.
Further details of the Listing can be viewed here.
The property offers potential for a number of alternative uses such as residential, care home, retirement living and institutional, subject to obtaining the necessary consents.
A pre-application report has been prepared and submitted to show a mixed-use scheme comprising 14,408 sq.ft. of residential accommodation and 7,203 sq.ft. NIA of offices via conversion of the original 19th Century building with part-2, part-3 storey new build extensions on either side. These can be viewed in the dataroom.
The Local Authority have provided written confirmation that, in principal, residential use would be acceptable. The demolition of part of the existing non-original elements of the building is acceptable. Similarly, there is no in-principle objection to the subdivision of the house, subject to a development that is sympathetic to the listed building.
The property will be sold freehold and subject to vacant possession on completion.
The property is not elected for VAT.
Offers are invited in excess of £4,750,000 which reflects a low capital value of £436 per sq.ft. on the existing GIA.
Further information including existing and indicative floors plans and the legal pack can be viewed in the dataroom using access code ‘Eastend’.
Disclaimer - Kingsbury on its own behalf and on behalf of the Owner / Landlord of this property whose agent Kingsbury is, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in England No: 06869268.
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- Grade II Listed Villa and associated buildings extending to approximately 10,903 sq.ft. GIA over 2-storeys and basement occupying a site of over 1 acre
- Potential for residential or mixed-use redevelopment by way of conversion of the Listed building plus new build elements, subject to obtaining the necessary consents
- Sought-after residential location in close proximity to Hampstead Garden Suburb and Finchley town centre, and circa 0.8 miles from Finchley Central Underground Station (Northern Line services)
- Offers invited in excess of £4,750,000 for the vacant freehold interest, reflecting a low capital value of £436 per sq.ft. on existing areas
To discuss this opportunity further, please contact Paul Heale or Keir Goldstein on 020 7183 2529