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Bishops View 98 Great North Rd 8,239 SF 100% Leased Office Building London N2 0NL $5,591,633 CAD ($678.68 CAD/SF)
Investment Highlights
- The site extends to 0.19 acres (0.07 ha).
- Class MA (24/2212/PNE).
- Class AA (24/4184/PNV).
- The total residential consented area extends to approx 9,645 sq ft NSA.
- For sale part freehold, part long leasehold, subject to the existing leases.
- And is occupied by a three-storey office building (Use Class E).
- Change of use from commercial (Class E) to 10 residential apartments (Class C3).
- Additional storeys at 3rd and 4th floors to provide 7 self-contained apartments.
- Situated 150 metres south east of East Finchley Underground Station.
Executive Summary
The Property is a three-storey office building extending to 765.7 sq m (8,239 sq ft) GIA. At ground floor are reception, ancillary areas and an area of under floor parking. The first floor is vacant. The second floor and part of the ground floor is let on a term of 5 years expiring in November 2028 at a passing rent o £128,000 pa. There is a mutual option to terminate the lease giing six months witten notice. The property is held Freehold. Part of the area used for car parking is held Leasehold for a term expiring in September 2088.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
8,239 SF
Building Class
B
Year Built
1977
Price
$5,591,633 CAD
Price Per SF
$678.68 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,746 SF
Parking
20 Spaces (2.43 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
- Security System
- Accent Lighting
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Information
- 6,434 SF
- -
- -
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| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Information | 6,434 SF | - | - |
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Bishops View | 98 Great North Rd
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