>
Nether Street, London, N12 Residential development for sale
Nether Street, London, N12
£5,250,000
Nether Street, London, N12
£5,250,000
Our Summary
- *Freehold Investment / Development Opportunity*
- Freehold Investment / Development Opportunity
- The site presents a variety of development opportunities subject to consents
Description
Astrale House is a freehold investment/development opportunity located on Nether Street in North Finchley, London. The property currently operates as a sheltered accommodation with 40 ensuite bedrooms, a kitchen, staff room, and office space, spanning 11,162 sqft across two floors. The property benefits from a large south-facing garden and carriage driveway, providing off-street parking. The property is subject to a 5-year lease, starting in February 2024, with an annual rent of £500,000. Located in London's travel zone 4, the property is close to Woodside Park underground station and has excellent transport links to central London. The surrounding area offers a range of amenities, including schools, cafes, shops, and green spaces, making it a popular and established suburb of north London.