Former Police Station Investment with Redevelopment Potential
Substantial Former Police Station
Total Gross Internal Area of 937.70 sq m (10,106 sq ft)
Future change of use or redevelopment potential (subject to consents)
Entirely let on a 5 year lease until February 2030 (no breaks)
Popular north London location
Lot 18
Auction 18th September 2025
Rent £204,000 per Annum Exclusive
Status Available
Guide* £3,000,000
Sector Development
Auction Venue Live Streamed Auction
Property Information
Location
Miles
9 miles north west of Central London
Roads
A5, A5100, M1
Rail
Edgware Underground Station (Northern Line)(Zone 5)
Air
London Heathrow Airport, London Luton Airport
Situation
Edgware is a affluent and attractive north west London suburb, situated some 9 miles north west of London's West End. Edgware is currently benefiting from significant investment and substantial redevelopment with a major scheme by Transport for London and Ballymore planned to demolish the Shopping Centre and construct some 3365 new homes and 463 Student units as well as a new Town Square and leisure, retail and 20,000 sq ft of healthcare units. See https://www.edgwaretowncentre.uk/the-project .
Tenure
Freehold.
Location
Miles
9 miles north west of Central London
Roads
A5, A5100, M1
Rail
Edgware Underground Station (Northern Line)(Zone 5)
Air
London Heathrow Airport, London Luton Airport
Situation
Edgware is a affluent and attractive north west London suburb, situated some 9 miles north west of London's West End. Edgware is currently benefiting from significant investment and substantial redevelopment with a major scheme by Transport for London and Ballymore planned to demolish the Shopping Centre and construct some 3365 new homes and 463 Student units as well as a new Town Square and leisure, retail and 20,000 sq ft of healthcare units. See https://www.edgwaretowncentre.uk/the-project .
Tenure
Freehold.
Description
The property comprises a substantial former Police Station building and rear Car Park. The property benefits from a site area of approximately 0.10 Hectares (0.25 acres). The tenant is currently operating a residential House in Multiple Occupation (HMO) from the property.(1)
The property does not appear as Listed on Historic England website and may be suitable for alternative uses and residential conversion, subject to consents,
VAT
VAT is applicable to this lot.
Note
The Special Conditions of Sale provide for the Buyer to pay to the Seller on completion, a contribution to the Seller's costs in addition to the purchase price.
EPC
See Legal Pack
Description
The property comprises a substantial former Police Station building and rear Car Park. The property benefits from a site area of approximately 0.10 Hectares (0.25 acres). The tenant is currently operating a residential House in Multiple Occupation (HMO) from the property.(1)
The property does not appear as Listed on Historic England website and may be suitable for alternative uses and residential conversion, subject to consents,
VAT
VAT is applicable to this lot.
Note
The Special Conditions of Sale provide for the Buyer to pay to the Seller on completion, a contribution to the Seller's costs in addition to the purchase price.
EPC
See Legal Pack
Tenancy & Accommodation
Floor
Use
Gross Internal Area Approx sq m
Gross Internal Area Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review
Lower Ground Ground First Second
Currently being used as a House in Multiple Occupation (1)
168.50 279.80 245.30 245.10
(1814) (3012) (2640) (2640)
DIAKO PROPERTY MANAGEMENT LTD (CRN 13585012)
5 years from 03/02/2025
£204,000
03/02/2027 03/02/2029
Total Approximate Floor Area
937.70
(10,106)
£204,000
(1) The tenant is operating the property as a House in Multiple Occupation (HMO) for which and Enforcement Notice has been served by the London Borough of Barnet. See Legal Pack
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.