Comprises of mid-terrace three storey building providing self-contained ground floor and basement A1/A2 use with separate self-contained offices at 1st and 2nd floors.
Location
The property is situated within the Enfield Town conservation area, fronting the busy A110 Southbury Road just east of the main shopping location and Palace Gardens Shopping Centre where multiple retailers are represented. The A10 Great Cambridge Road is easily accessible and in turn provides access to the A406 North Circular Road to the South and M25, Junction 25 to the north. Enfield Town and Enfield Chase Overground stations are within easy walking distance, whilst various bus routes serve the area.
Accommodation
Floor Areas - Floor areas are net internal and approximate only.
Ground Floor sales - 705 sq ft (65.50 sq m)
Store - 90 sq ft (8.36 sq m)
Basement - 228 sq ft (21.18 sq m)
Total Approx. - 1,023 sq ft (95.04 sq m)
(ITZA 581 sq ft (53.99 sq m)
First Floor Offices - 495 sq ft (45.99 sq m)
Second Floor Offices - 506 sq ft (47.00 sq m)
Overall Total Approx. - 2,024 sq ft (188.03 sq m)
Terms
Terms - Freehold Investment subject to tenancies overleaf.
Price - £695,000
All prices are subject to VAT if applicable
SUBJECT TO CONTRACT
Legal Costs - Each party will be responsible for their own legal costs incurred.
Energy Performance Certificate (EPC) - Rating: C
Specification
- Current Total Income: £38,000 per annum exclusive.
- SHOP LET TO FUTURE LEISURE LTD - FRI LEASE for 10 years from 15th October 2021 subject to rent review at 5th year. - PASSING RENT: £25,000 pax. Tenants break clause at 15th October 2026.
- 1st & 2nd FLOOR OFFICES LET TO MAISON MOTI LTD - FRI LEASE for 10 years expiring 14 May 2026. Passing rent £13,000 pax.