RESIDENTIAL DEVELOPMENT OPPORTUNITY STP
THE SITE - This is currently occupied by an end of terrace part single storey and part two storey warehouse and office building (Numbers 1-5) and mid terrace two storey building (Number 7), used as offices, which had previously into four flats, together with a rear courtyard.
DEVELOPMENT OPPORTUNITY - The site falls within the London Borough of Barnet. The local plan has a housing target to deliver nearly 44,000 new homes by 2036.
In an effort to boost house building in London, the Government and Mayor of London, in a joint policy paper have confirmed developers will be able to secure planning permission without a viability assessment on private land where they commit to 20% of affordable housing, down from the current 35%.
The package will also contain changes to design standards in a bid to increase density, together with relief to cover 50% of the CIL charge.
Please take professional advice in these respects.
There has been substantial regeneration in Granville Road and Nant Road www.newgranville.co.uk.which historically comprised warehouses and offices, the vast majority of which have been redeveloped into flats and houses.
The site partially overlooks Childs Hill Park and recent developments include Granville Gardens, opposite and to the corner of Nant Road.
Location
The property is located at the western side of Nant Road, close to the junction with Granville Road. There is convenient access to the M1 Motorway northbound, Hendon Way (A41) to Central London and the North Circular Road (A406) which are readily accessible. Golders Green Underground Station (Northern Line) is circa 12 minutes’ walk and Cricklewood Overground (Thameslink) Station is 20 minutes’ walk.
Accommodation
The site extends to approximately 11,850 sq ft (0.273 acre).
There is a total approximate floor area of 9,300 sq ft.
Terms
GUIDE PRICE - Unconditional offers of £2.6 million plus VAT for the benefit of the Freehold interest with full vacant possession with proposed completion in March 2026.
LEGAL COSTS - Each party to be responsible for their own legal costs incurred.