Temple Fortune is an affluent north London suburb 7 miles north of the City of London, 1.3 miles south of Finchley and 3 miles east of Muswell Hill. Situated on St Georges Road, at its junction with Finchley Road set within a 1930’s suburban neighbourhood with extensive amenities on Finchley Road
A newly built landmark office building extending to 18,753 sq ft gia (15,160 sq ft nia) over lower ground, ground, first and second floors. Multi let to 4 tenants all of whom are well established within the local community. Total passing rent of £321,420 per annum with an erv of £466,410 per annum
wault of 11.05 years to expiry and 4.69 years to break
The second floor is being offered with vacant possession
this has the benefit of planning for 4 flats or could be fitted out as offices. The property benefits from planning consent via several applications, to convert the existing office accommodation to the ground floor, first floor and second floor to 12 flats Freehold (title number: AGL152412)
Possibility to add an extra floor following positive pre-app.
Business Rates Are Being Assessed.
Property Type | % | Avg. current value | Avg. # beds | Avg. # bathrooms |
---|---|---|---|---|
Flat | 52.7% | £669,185 | 2.1 | 1.5 |
Semi-detached house | 21.1% | £1,513,041 | 4.3 | 2 |
Detached house | 7.8% | £3,733,269 | 5.4 | 4 |
Other | 6% | £2,179,248 | 4.5 | 2.6 |
Terraced house | 4.8% | £1,220,562 | 3.6 | 1.6 |
End terrace house | 1.8% | £1,079,150 | 3.3 | 1.5 |
Cottage | 1.5% | £1,088,800 | 3.4 | 1.6 |
Studio | 1.5% | £810,000 | 0 | 0.6 |
Block of flats | 0.6% | £2,125,000 | 0 | 0 |
Bungalow | 0.6% | £545,000 | 2.5 | 1 |
Maisonette | 0.6% | £462,475 | 2 | 1 |
Barn conversion | 0.3% | £575,000 | 2 | 1 |
Land | 0.3% | £6,750,000 | 0 | 0 |
Terraced bungalow | 0.3% | £900,000 | 4 | 0 |
Property Type | 1 Bed | 2 Beds | 3 Beds | 4 Beds | 5 Beds |
---|---|---|---|---|---|
Houses | £275,000 (2) | £720,707 (7) | £963,130 (30) | £1,443,736 (53) | £2,012,239 (31) |
Flats | £341,409 (46) | £637,305 (91) | £1,063,156 (25) | £892,604 (13) | £2,400,000 (1) |
All | £338,642 (48) | £643,262 (98) | £1,008,596 (55) | £1,335,180 (66) | £2,024,356 (32) |