Garnault Road, Enfield, EN1
- PROPERTY TYPE
Commercial Property
- BEDROOMS
2
- SIZE
Ask agent
Key features
- Freehold Investment
- Detached
- Warehouse + Office
- Plus 2-bedroom Split-level Flat
- Off-street parking
- Offered with vacant possession
- Total potential rental income in excess of £60,000
- Desirable neighbourhood
- Potential approx gross yield of 8.35%
Description
Woodhouse are pleased to offer this freehold commercial opportunity situated in the ever-desirable neighbourhood of Forty Hill, Enfield.
This Detached mixed-use premises comprises of:-
Warehouse approx 600 sqf
Offices to the rear approx 1,600 sqf
Canopy (approx 315 sqf) + Hard-surfaced fenced land (approx 405 sqf)
3 x parking spaces to the front
2-Bedroom Flat
The premises are being offered with vacant possession, with the potential rental income of approximate £62,000. Please find below the estimated breakdown
Contact Woodhouse today for further discussion and to arrange a viewing to see for yourself the potential of this site. Viewings strictly by appointment only.
Mobile Signal
4G excellent data and voice, 5G excellent
Existing Planning Permission
Title: Use of ground floor as a dance studio (RETROSPECTIVE)., Submitted Date: 12/11/2009 00:00:00, Ref No: TP/09/1652, Decision: DECIDED, Decision Date: N/A
Title: Use of 3 rooms at first floor level for beauty treatment rooms., Submitted Date: 17/01/2008 00:00:00, Ref No: TP/08/0112, Decision: DECIDED, Decision Date: N/A
Title: Conversion of part ground floor & first floor offices into a 2 bed maisonette together with alterations to front elevation to provide new entrance to ground floor office., Submitted Date: 17/07/2007 00:00:00, Ref No: TP/07/1416, Decision: DECIDED, Decision Date: N/A
Title: Change of use from warehouse to coffee shop (Class A3) including the installation of an extractor flue., Submitted Date: 30/05/2007 00:00:00, Ref No: TP/07/1095, Decision: DECIDED, Decision Date: N/A
Calculations for estimated potential income
Warehouse & offices- 2200sqf @ est. £20 per sqf = approx £44,000pa
Canopy & hard surface area - 720sqf @ est. £5 per sqf = approx £3,600pa
3 x car park spaces @ £350 each = approx £1,050pa
2-bed flat @ approx £14,000pa
Total rental income estimate approximation = £62,650 (approx 8.35% gross yield)
Garnault Road, Enfield, EN1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Turkey Street Station0.9 miles
- Enfield Town Station1.1 miles
- Gordon Hill Station1.3 miles
Notes
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