Project's Overview

Situated on the eastern side of Whetstone High Road (A1000) in London N20, directly opposite Waitrose, this prime commercial property enjoys an unbeatable location with excellent transport links. Totteridge & Whetstone Underground Station on the Northern Line is just 0.2 miles away, Oakleigh Park Mainline Station 0.6 miles, and Woodside Park Station 1.1 miles, complemented by multiple bus routes. The bustling High Road offers a vibrant mix of retail premises, restaurants, and coffee shops, driving high footfall and visibility in this desirable North London suburb poised for continued growth.

The ground floor is let to The French Market on a secure 15-year lease from September 2020, with 5-yearly rent reviews; post-September 2025 review, the passing rent is £72,000 per annum. With a Gross Internal Area of approximately 3,200 sq ft (297.3 m²) and Use Class B1/E, it provides immediate income potential. The rear car park, held on separate title and included in the sale, offers parking for 5-6 cars, with 2 spaces for the tenant, adding practical value.

The upper floor offices are currently vacant, presenting substantial redevelopment opportunities including conversion to residential and extension with a new floor above (subject to planning permission – STPP), supported by provisional drawings. This scope enhances investment appeal, allowing value uplift through mixed-use optimization in a area with strong demand for housing near transport hubs.

A compelling investment with guaranteed rental yield, redevelopment upside, and proximity to amenities and infrastructure improvements, this property is primed for capital growth. Business rates reference Rateable Values of £73,500 (ground floor) and £59,000 (first floor) from April 2023; parties should verify with London Borough of Barnet. Strictly by appointment.

🪙 The North Finchley Town Centre regeneration project includes new residential units, retail improvements, and public space enhancements, expected to boost local economic activity and property values in adjacent Whetstone by increasing footfall and desirability for mixed-use investments.
🪙 Brent Cross Town is a major £8 billion development featuring 6,700 new homes, offices, schools, parks, and a new Thameslink station, which will enhance connectivity and economic growth in Barnet, positively impacting property liquidity and values in nearby areas like Whetstone through improved infrastructure and amenities.
🪙 The Colindale regeneration project involves building over 10,000 new homes, community facilities, and upgrades to Colindale Underground Station, fostering population growth and better transport links along the Northern Line, thereby increasing demand and property values in connected suburbs such as Whetstone.
🪙 The Barnet Local Plan outlines ongoing urban renewal with emphasis on sustainable transport, green spaces, and housing developments across the borough, including near Whetstone, which is anticipated to drive long-term value growth by improving livability and attracting investment.
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