EN5 4QS - Mixed use property for sale in 1 Church Passage, Hertfordsh…

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Mixed use property for sale in 1 Church Passage, Hertfordshire, Barnet, EN5 4QS, EN5

Summary - 1 Church Passage, Hertfordshire, Barnet, EN5 4QS EN5 4QS

1 bed 1 bath Mixed Use

**Standout Features:**
- Mixed-use property with approx. 5,000 sq ft plus 393 sq ft of terraces.
- Ground floor includes a 2,180 sq ft restaurant and a 660 sq ft retail unit, both actively leased.
- First floor comprises 4 residential flats (2 x 2-bed, 2 x 1-bed).
- Planning consent for 2 additional flats; structural groundwork already completed.
- Projected annual rental value (ERV) of £173,318.44, with a rent increase for Unit B set for August 2028.
- Exceptional location near High Barnet Underground Station on a bustling high street.

**Property Summary:**
Discover a lucrative investment opportunity at 1 Church Passage, Hertfordshire. This spacious mixed-use property is uniquely suited for both commercial and residential markets, featuring two commercial units comprising a newly refurnished restaurant and a retail shop, both generating reliable income. The first floor houses four self-contained flats, providing an immediate rental income stream, while planning permission allows for the construction of two additional residential units above.

Nestled in the thriving suburb of Chipping Barnet, this property benefits from a dynamic urban environment with high foot traffic and excellent local amenities, ensuring strong demand both now and in the future. The combination of comfortable living spaces and lucrative commercial potential makes this an ideal opportunity for investors or those looking to enter the property market. Although the area does have a higher crime rate, its affluence and ongoing development projections position it as a sound investment choice.

Secure this prime piece of real estate with future renovation and expansion potential, making it a perfect fit for those looking to maximize return on investment while enjoying the comforts of a highly desirable location. Act quickly—opportunities like this are not available for long!

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