Commercial Property for sale

Cambridge Parade, Great Cambridge Road, Enfield, Middlesex, EN1

Under Offer 2,222 sq. ft. | £399,950

Property Description

Commercial information

  • 2,222 sq ft (206 sq m)

Full description

Tenure: Freehold

The property is located on Cambridge Parade, on Great Cambridge Road (A10), a busy dual carriageway linking London with Cambridge. Other trades within the parade include a vets, café and post office. Parking is available along the parade. There are excellent road links to the M25. Turkey Street station is approximately 1 mile away with regular train
services to London's Liverpool Street. There is a service road to the rear of the property for deliveries to the commercial units.

The property is arranged on ground and first floors to provide two ground floor retail units currently let to a tile retailer and a domestic appliances retailer together with two 2 bedroom flats on the first floor which have been sold off on long leases which are
accessed from the rear. Please see the tenancy schedule on the following page.

Accommodation
(all sizes approximate)

10 Cambridge Parade
Retail Space 58.46m2 (608ft2)
Rear Storage 35.37m2 (381ft2)
Store/Office 13.30m2 (143ft2)
Store/Kitchen 7.31m2 (128ft2)

11 Cambridge Parade
Retail Space 58.23m2 (628ft2)
W/C 2.78m2 (29ft2)
Rear Storage 52.44m2 (569ft2)

Total Internal Areas
228m2 (2,452ft2)

10a Cambridge Parade
2 bedroom flat

11a Cambridge Parade
2 Bedroom flat


Please note, we have not inspected the flats.

Guide Price
Offers are invited in the region of £400,000 for the Freehold interest. The vendor is not obliged to accept the highest offer. All offers will be subject to contact.

VAT
The property is not elected for VAT.

Viewings
The two retail units are available to view by appointment only with this office. The flats will not be available to view.

Planning
The property falls within the London Borough of Enfield. The ground floor commercial units can be used for purposes under the Use Class Order A1. Applicants are to satisfy make their own enquiries with the London Borough of Enfield.

Services
Both the retail units have mains electricity and water. There is no mains gas. As the flats have not been inspected, we do not have any information with regard to the mains
services provided.

Tenancies

10 Cambridge Parade Let to Merit Cooling Ltd on FRI lease for 7 Years from 27th February 2015 at a starting rental of £12,500pax. Rent review 27th February 2020. Reversion 2022.

10a Cambridge Parade Sold on long lease for 99 years from 25th December 1987. Ground rent £75 pa rising. Reversion 2086.

11 Cambridge Parade Let to Mr Abdulaziz Buyukdeniz on FRI lease for 4 Years from 1st March 2015 at starting rent £12,500 pax. Reversion 2019

11a Cambridge Parade Sold on long lease for 99 years from 25th March 1994. Ground rent £75 pa rising. Reversion 2093.

Total passing rent £25,150 pa

More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Southbury (0.9 mi)
  • Turkey Street (1.0 mi)
  • Enfield Town (1.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Williamson Dace Brown, London

22 Cannon Hill, London, N14 6BY

020 8012 2784 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Southbury (0.9 mi)
  • Turkey Street (1.0 mi)
  • Enfield Town (1.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Williamson Dace Brown, London

22 Cannon Hill, London, N14 6BY

020 8012 2784 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference WADCAMPAR. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Williamson Dace Brown, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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