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3 The Promenade 686 sq ft Office / Retail Unit Offered at £375,000 in Edgware HA8 7JZ

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INVESTMENT HIGHLIGHTS

  • Premises are situated close to the busy junction of Station Road
  • Red brick Facade
  • Nearby multiples include National Westminster Bank, Nationwide Building Society & Tesco

EXECUTIVE SUMMARY

1-17 The Promenade comprises a mixed-use building arranged over four floors, with retail units on the basement and ground floors, a D1 unit arranged over a ground and first floor and residential space in the remainder of the property. The property is located on The Promenade, situated off Edgwarebury Lane. The A41 is within easy reach and Edgware Underground Station is within walking distance.

PROPERTY FACTS Sale Pending

Total Property Size 13,661 sq ft
Property Type Retail (Unit)
Property Subtype Shopfront Retail / Residential
Costar Property Class B
Floors 4
Typical Floor Size 12,888 sq ft
Year Built 1850
Total Plot Size 0.69 ac
Parking Allocation 0.15/1,000 sq ft

AMENITIES

  • 24 Hour Access
  • Bus Route
  • Courtyard
  • Security System
  • Storage Space
  • Smoke Detector

1 UNIT AVAILABLE

Unit 3

Unit Size 686 sq ft
Price £375,000
Price Per sq ft £546.65
Unit Use Office / Retail
Sale Type Investment or Owner Occupier
Tenure Long Leasehold
No. Parking Spaces 2
DESCRIPTION

Comprises a lock up shop / office together with storage and the benefit of 2 car parking spaces in the rear yard.

SALE NOTES

Offers in the region of £375,000 for the benefit of the long leasehold
interest together with full vacant possession.

Held on a 999 year lease from 1998 subject to peppercorn rent.

Planning permission was granted by Barnet Council on 27 January 2016 for a single storey rear extension and alterations to the shop front. Although planning has lapsed the owners has made alterations to the shop front and believe the consent has been implemented, but purchasers must satisfy themselves.

NEARBY MAJOR RETAILERS

Costa Coffee
Caffè Nero
Starbucks
Pure Gym - London Edgware
Iceland
Sainsbury's
Metro Bank
Barclays
HSBC
Lloyds Bank
  • Listing ID: 36268052

  • Date on Market: 16/06/2025

  • Last Updated:

  • Address: 3 The Promenade, Edgware HA8 7JZ

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