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Commercial Building, South Street, EN3

Floorplan 1Floorplan 2
2

Key features

  • Freehold Commercial Building
  • Potential to extent
  • Ground Floor Shop
  • Upper floor flat (One Bedroom)

Description

For Sale: Ground Floor Commercial Property with Residential Flat AboveLocation: Ponders End, Enfield, EN3Asking Price: £445,000Filey Properties are delighted to present an excellent investment opportunity to the market. This mixed-use property currently generating a combined rental income of up to £30,000 pa from both the ground floor Commercial and Residential Flat above. Situated in a desirable location in Ponders End, the property is in close proximity to local amenities, transport links, and is within easy reach of Retail and Leisure facilities. The property offers not only a private separated access for occupiers but also personal garden space for each occupancy. There is a high yield opportunity with strong returns relative to the asking price.Rental Income Breakdown:Shop - £1,250 pcm / £15,000 pa (FRI LEASE) Residential Flat - £1,150 pcm / £13,800 pa (Guaranteed Rent)Combined - £28,800    Potential to Increase  Property Features (Ground Floor Commercial):Main Shop Floor - 5.99m x 3.02m = 18.09 m2 / 194 sqftKitchen – 3.12m x 3.23m = 10.08m2 / 108 sqftBack of House – 3.61m x 2.64m = 9.53m2 / 102.5 sqftWash Area – 2.24m x 1.85m = 4.14m2 / 44.5 sqftRear Shop Garden – 8.53m x 4.50m = 38.39m2 / 413 sqft Property Features (Residential Flat Above):Living Room – 4.27m x 4.27m = 18.23m2 / 196 sqftBathroom – 2.08m x 1.63m = 3.39m2 / 36.5 sqftKitchen – 3.66m x 2.74m = 10.03m2 / 108 sqftRear Garden – 21.34m2 / 300 sqf Don’t Miss Out on This Fantastic Investment Opportunity.                                                    

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Brochures

Full Details
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Commercial Building, South Street, EN3

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About Filey Properties, Enfield

78 Lancaster Road London EN2 0BX

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Disclaimer - Property reference 9387011. 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 Filey Properties, Enfield. 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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