Investment Properties: Unit 1 & 1a Palace Court, 250 Finchley Road, London NW3 6DN

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Unit 1 & 1a Palace Court, 250 Finchley Road, London NW3 6DN

Guide Price £600,000 subject to contract

  • Located on Finchley Road (A41).
  • Close to Finchley Road & Frognal Station (6 minute walk).
  • Existing 1,142ft2 B1 Office.
  • Benefits from Permitted Development Rights to convert to 2 x 1 bed self contained flats.
  • Flat 1 – 609ft2 / Flat 2 – 533ft2.
  • Sold with vacant possession.
  • As offices the ERV would be in the region of £40,000 pa.
  • Freeholders consent required for the conversion at a cost of £42,000 per flat.
  • No S106 Payment.
  • Tenure – Long Leasehold 109 years remaining.
  • Guide Price - £600,000 subject to contract.