Secure freehold shop with basement and refurbishment potential in NW3.
- Approximately 1,000 sqft of ground-floor plus basement space
- Share of freehold with a 999-year lease, no ground rent
- High Edwardian ceilings and large arched street-facing windows
- Strong main-road footfall and excellent transport links
- Basement suitable for storage, workshop, or additional retail
- Change of use potential subject to planning permission (STPP)
- Busy road exposure brings traffic noise during peak times
- Area crime levels above average; security considerations required
A rare commercial freehold opportunity on Finchley Road offering approximately 1,000 sqft of ground-floor retail with a useful basement. The property benefits from high street visibility and steady footfall on a busy main road, making it suitable for retail, showroom or small workshop use. Share of freehold with a 999-year lease gives long-term security and no ground rent.
The interior shows high Edwardian ceilings, large arched windows and a bright, modern reception — characterful features that respond well to a relatively straightforward refurbishment. There is clear potential to add value through fit-out improvements or change of use, subject to planning permission (STPP), which will appeal to investor, owner-occupier or developer buyers.
Buyers should note the location’s busy, urban character: main-road exposure brings excellent passing trade but also traffic noise. Crime levels in the area are above average, so any business should factor suitable security measures and insurance costs into operating expenses. Planning for alterations or alternative uses will require permission and consultation with the local authority.
Overall this is a practical, well-located commercial unit in an affluent NW3 pocket with strong transport links and local amenities. It offers a secure freehold position and scope to increase income or repurpose the space with a clear value-add strategy.
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