Summary - First Floor Flat, East Barnet Road, New Barnet, EN4 8RF EN4 8RF
1 bed 1 bath Retail Property (high street)
**Key Features:**
- **Prime Location**: Situated on East Barnet Road, close to New Barnet railway station in a bustling shopping district.
- **Diverse Property Offering**: Includes a retail shop unit (68.2 sqm/734 sq. ft.), a large warehouse/gym space (216.1 sqm/2326 sq. ft.), and a 3-bedroom duplex maisonette (88.6 sqm/954 sq. ft.).
- **Strong Investment Potential**: Total area of 372.4 sqm/4008 sq. ft. with a combined income of nearly £58,000 per annum, presenting an attractive yield of almost 6%.
- **Future Flexibility**: Freehold tenure allows for potential renovations or extensions to maximize earning potential.
- **Nearby Amenities**: Convenient access to numerous amenities including schools, cafes, shops, and public transport.
**Summary:**
This expansive commercial property on East Barnet Road offers an exceptional opportunity for investors looking to capitalize on a busy retail and residential environment. With three diverse spaces—a retail unit, a large warehouse/gym, and a comfortable three-bedroom duplex maisonette—it stands at a total of 4008 sq. ft., catering to varied rental prospects. The property generates nearly £58,000 in annual income, ensuring robust returns for any savvy investor.
While the surrounding area faces high crime rates and some signs of deprivation, the property is well-positioned for growth in a vibrant urban context, attracting a rapidly developing demographic of tech workers and families seeking quality living environments. The blend of commercial and residential spaces creates endless possibilities for customization and expansion, making it a unique investment with substantial future potential. Don't miss out on this rare chance to own a versatile property in a prime location!
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