713 Finchley Road London NW11 8DH

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1 Home 713 Finchley Road London NW11 8DH Residential Development Opportunity Previous Page

2 Summary Summary: An opportunity to acquire a freehold residential development site within close proximity to Hampstead: Located between West Hampstead tube and Golders Green tube Planning permission for 31 apartments and associated retail on the ground floor Proposal of approx 22,668 sqft (2, sqm) of residential and 4,101 sqft (381 sqm) A1 retail with associated parking Remediated site

3 Location Location: The site lies to the north west of Hampstead and South East of Childs Hill on the corner of Finchley Road and Cricklewood Lane. It is located on the border of the local centre planning area for Childs Hill in the borough of Barnet and measures approximately ha (0.21 acres) The area is serviced by good bus links running along Finchley Road and Cricklewood Lane and there are several tube and train stations within close proximity: West Hampstead tube and train station (Jubilee Line and Kings Cross St Pancras Train Station) 0.4 miles Golders Green Tube (Northern Line) 0.6 miles Cricklewood train station (Kings Cross St Pancras Train Station) 0.7 miles Hampstead tube station (Northern Line) 0.8 miles There are regular bus services in the 82 and 13 running along the Finchley Road. The 82 runs directly into London s West End running to Victoria train station via Bond Street and Marble Arch. The No 13 leads to Charing Cross Train Station via Oxford Street and Piccadilly Circus. Both bus routes connect to Golders Green Tube Station to the north. The site is within 0.5 miles of the A41 which in turn connects to the M1 and the north. Finchley Road leads directly into London s West End where it turns into Park Road at Regents Park.

4 Description Description: The site is situated on the Cricklewood Lane/Finchley Road junction and is adjoined to the west by a parade of shops with flats (Tudor Court) above. Opposite the site is an estate agency and flats. Properties to the east, west and south are all within the Childs Hill Local Town Centre, however the subject site is outside of the planning boundary. The site is a former BP Petrol Station which has been remediated to a residential and commercial standard. A small forecourt shop building remains on the site, but the remaining area is clear.

5 Planning Planning: Planning consent was granted from the Barnet Borough Council on 26th February 2009, under planning reference F/00629/09 for: Demolition of the former petrol filling station forecourt shop building, and erection of a seven storey mixed use building, comprising 370 sqm of class A1 retail floorspace at ground floor and 31 residential units above with associated car parking at ground floor and basement levels. The planning consent allows for a total of 25 parking spaces. These will all be for the residential element with 5 spaces to the rear of the retail on ground floor, and 20 spaces underground. The affordable and private units will have separate accesses and will be served by one core which is to be split. All units will have some amenity space by way of a balcony and a proposed communual garden at 1st floor level to the rear of the building. 1st floor The residential element of the consented scheme consists of: 15 x 2 bedroom private sale apartments 7 x 1 bedroom private sale apartments 9 affordable units mix of 1,2,3 and 4 bedroom apartments. There are 131,355 worth of Section 106 contributions attributable with the planning consent. Details can be found below -

6 Proposal Proposal: Unconditional offers are sought. Proposals are to be submitted at this office marked for the attention of Tim Barton-Knott, marked 713 Finchley Road, no later than no later than 12 noon Wednesday 20th October. All proposals should include the following: Purchaser, including any relevant background and track record information; Board approvals, details of any outstanding approvals necessary to proceed with the purchase and likely timescales involved; Written confirmation of finance arrangements including details of any further approvals which may be required; Timetable for exchange of contracts and completion; Any conditions including surveys; Details of solicitors. The selection procedure will be based upon the level of offer, payment terms, funding, track record, and level of due-diligence carried out. There is no obligation on the vendor s behalf to accept the highest offer made.

7 Further Details:

8 Contact Us Tim Barton-Knott Land and Investment Blenheim Bishop 55 South Audley Street London W1K 2BL T: F: M: MISREPRESENTATION ACT: Blenheim Bishop for themselves and for the Vendors of this property whose Agents they are, give notice that The particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract. All descriptions, dimensions, references to condition and necessary permissions for use and occupation and their details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as the correctness of each of them. Unless otherwise stated, all prices, rents and other charges are quoted exclusive of Value Added Tax (VAT). Any intending purchasers or tenants must satisfy themselves independently as to the incidence of VAT in respect of any transaction. All plant, machinery, equipment, services and fixtures referred to in these particulars were present at the date of publication. They have not however, been tested and therefore, we give absolutely no warranty as to their condition or operation. No person in the employment of Blenheim Bishop has any authority to make or give any representations or warranty whatsoever in relation to this property or these particulars nor enter into any contract on behalf of the Vendors. No responsibility can be accepted for any expenses incurred by intending purchasers in inspecting properties which have been sold or withdrawn. i-brochure designed and produced by 90degrees Design and Marketing ltd. September Tel Next Page