298-304 Regents Park Road
London, N3 2SZ

Guide Price £35,000,000

75,794.4 SqFt
  • Significant investment / development opportunity.
  • Approval for conversion to 130 apartments 5,725 sqm (61,624 sqft) NSA
  • Passing rent of £1,259,298pa and ERV of £1,802,873 pa
  • Potential for comprehensive redevelopment subject to permissions
  • Conceptual schemes for 397 apartments or 258,732 sqft office scheme

Location

298-304 Regents Park Road is located in the heart of Finchley, North London, in the London Borough of Barnet. The Property is approximately 10km (6 miles) from the West End and 11km (7 miles) north west of the City of London. To the south are the areas of Hampstead Garden Suburb and Golders Green, to the west Hendon, to the north Mill Hill and Whetstone and to the east are East Finchley and Muswell Hill. Finchley is a town centre that is the heart of the surrounding suburbs. It provides an extensive retail offer, with a Tesco Superstore and Waitrose, as well as convenience retailers for day-to-day essentials, with a selection of bakeries, pharmacies, opticians and banks. There is an array of independent cafés, bars and restaurants that contribute to the vibrancy of the area. Approximately 3.3km (2 miles) to the south west is Brent Cross Shopping Centre, which has more than 120 shops along with cafés, bars and restaurants.

Description

298-304 Regents Park Road occupies a prominent site in Finchley town centre. The site extends to approximately 0.7 hectares (1.74 acres) and slopes down from Regents Park Road. 298-304 Regents Park Road comprises of 4 buildings, understood to have been built in the late 1980s. Marlborough House (298 Regents Park Road), at the western corner of the site, and Berkeley House (304 Regents Park Road), at the northern corner, are both 5 storey buildings fronting Regents Park Road. By virtue of the site’s topography both buildings have undercroft parking. Both buildings have a central core with a lift, stairwell and wc’s either side of a central lobby area. Supreme House (300 Regents Park Road) and Molteno House (302 Regents Park Road) sit south west of the centre of the site. Both are 4 storeys and have cores with 1 lift and a stairwell at the northern corner and north west elevation respectively.

* Currencies are changed from British Pound (GBP) to either Euro (EUR) or US Dollar (USD). Rates updated daily at approximately 01:00 hours.

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