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Retail Property (high street) for sale

263 High Street, Waltham Cross, Hertfordshire, EN8 7AT

675 sq. ft. | £165,000

Property Description

Commercial information

  • 675 sq ft (62 sq m)

Key features

  • Rear vehicular access and parking for one vehicle.

Full description

Tenure: Freehold

LOCATION
The premises are situated in a prominent position on the High Street in a well established retail location with a slip road providing unrestricted parking. Theobalds Grove over ground station is within a short walk.

Waltham Cross is located in the south east of Hertfordshire and immediately north of M25 Junction 25.

ACCOMMODATION
Comprises a lock-up shop providing the following approximate dimensions:

Gross frontage 15'9"
Internal width 14'7"
Shop & built depth 46'3"
Floor area 675 sq ft

The premises benefit from rear vehicular access and parking for one vehicle.

TENANCY
Let to D & M Lagodka t/a Nasza Polska who have three other shops, http://www.naszapolska.net/ on a full repairing and insuring lease for a term of 15 years commencing April 2009 and expiring April 2024 subject to an upward only rent review in April 2019 at a current rental of 11,000 per annum exclusive.

PRICE
Offers in excess of 165,000 for the benefit of a new 999 year lease at a peppercorn ground rent reflecting a net yield of 6.6% allowing for nominal SDLT (Stamp Duty) of 300 and usual legal costs.

EPC C 63

LEGAL COSTS Each party to be responsible for their own costs incurred.

VIEWING Strictly by appointment through sole agents as above.






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