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Steeplemount House, 1 Shirley Road, Enfield, EN2 6SB

Offers Over
£12,000,000

£537.78 per sq ft

Business rates & charges may apply

GLPG, Marylebone
SIZE AVAILABLE

22,314 sq ft

2,073 sq m

SECTOR

Commercial property for sale

Key features

  • Unbroken apartment block practically completed in June 2024
  • Comprising 45 apartments with a total net saleable area of 22,314 sqft arranged to provide 36 x one-bed and 9 x two-beds
  • 100% occupancy achieved within 2 months of practical completion
  • Fully let subject to ASTs and Corporate Lets demonstrating significant tenant demand
  • Total current passing rent: £901,260 per annum
  • Onsite secure bike storage and car parking, of which 18 spaces are let to tenants
  • EPC Ratings B and C
  • Excellent location in popular London borough
  • Located within 100m of Enfield Chase station, providing direct rail services to Moorgate and Stevenage
  • For sale freehold

Description

A newly developed and fully let residential investment opportunity in Enfield. The property comprises a newly converted block situated on a prominent corner site of approximately 0.207 ha (0.511 acres), and is arranged over ground and four upper floors to provide a total of 45 apartments.

The apartments comprise:
* 36 x one bedroom
* 9 x two bedrooms

The building was converted under Permitted Development Rights with the existing structure being retained and utilised, as well as being extended to provide two additional floors.

The building benefits from a lift serving all floors together with a single core staircase. In addition, to the rear of the property there is an external emergency fire exit staircase.

Specification

Internally, all apartments have been converted to a high standard. The design and specification of the units includes:

* Internal finishes such as aluminium windows, white slimline electrical energy efficient radiators and oak fire doors.

* Kitchens benefitting from white gloss soft closing kitchen units, stainless steel sinks and taps and marble effect worktops.

* Bathrooms and en-suites benefitting from white marble effect bathroom tiles, standing showers, ceramic basins and curve chrome ladder towel radiators.

Furniture Packs

39 apartments have been let 'furnished' based on the following packages:

* 1 bed package contains a bed, dining table and 2 chairs, sofa and wardrobes

* 2 bed package contains 2 beds, dining table and 4 chairs, sofa and 2 wardrobes

Interested parties should note that this furniture is owned by the Vendor and will be sold with the building to the benefit of the new owner.

Parking, Bin Stores and Bike Racks

Externally the building benefits from a large car park. Parking has been allocated to the tenants who required 18 spaces as part of their tenancy agreements. Within the grounds there is also a bin storage area and covered bike racks are provided to the rear of the the property.

Brochures

Steeplemount House, 1 Shirley Road, Enfield, EN2 6SB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Enfield Chase Station0.1 miles
  • Enfield Town Station0.5 miles
  • Gordon Hill Station0.7 miles

About GLPG, Marylebone

3 Fitzhardinge Street, London, W1H 6EF

Notes

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Disclaimer - Property reference SteeplemountHouse. 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 GLPG, Marylebone. 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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