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Lancaster Road, Enfield

Offers in Region of
£699,995

£636.36 per sq ft

Business rates & charges may apply

Clarke Hillyer Limited, Loughton
SIZE AVAILABLE

1,100 sq ft

102 sq m

SECTOR

Commercial property for sale

Key features

  • Freehold
  • Shop & self-contained 2-bedroom flat
  • Current income £43,200 per annum in total
  • Suitable for investors or owner-occupiers
  • Includes forecourt
  • Includes rear garden

Description

** FREEHOLD SHOP & FLAT FOR SALE ** - This property is located on Lancaster Road to the north of Enfield town centre. Comprising a ground floor lock up shop, currently used as an Estate Agency, and a first floor self-contained two bedroom flat. The shop has an approx gross internal area of 616 square feet (57.2 square metres) and benefits from a glazed frontage, gas central heating (untested), kitchenette, w/c and forecourt. There is also a rear garden with an outbuilding which is currently occupied by the estate agent. Please call CLARKE HILLYER on for further information.

Location - This property is located on Lancaster Road which is a mixed commercial and residential road to the north of Enfield town centre. The closest train station is Gordon Hill (Great Northern Line) and the area is served by local buses. Access to the motorway network is via Junction 25 of the M25 at Enfield.

Description - Comprising a ground floor lock up shop, currently used as an Estate Agency, and a first floor self-contained two bedroom flat. The shop has an approximate gross internal area of 616 square feet (57.2 square metres) and benefits from a glazed frontage, gas central heating (untested), kitchenette, w/c and forecourt. There is also a rear garden with an outbuilding which is currently occupied by the estate agent.

Tenancies - 135 Lancaster Road: currently let to an estate agent paying £2,000 per calendar month. We are informed that this agreement can be terminated if a buyer wishes.
135a Lancaster Road: currently let on an Assured Shorthold Tenancy Agreement for £1,600 per calendar month and this will be increasing to £1,800 per calendar in November.

Terms - The freehold interest is available for £699,995.

Business Rates - Enfield Council have informed us of the following;
2023 Rateable Value: £12,000
2025/26 UBR: 0.499 P/£
2025/26 Rates Payable: £5,988
Interested parties may benefit from Small Business Relief and are advised to verify current rate liability with the local authority.

Council Tax - The flat is included within band B.

Viewings - Strictly through agents Clarke Hillyer on .

Epc - The shop has an Energy Performance Certificate Rating of C and the flat has an EPC rating of D.

Energy Performance Certificates

EE RatingEI Rating

Brochures

Lancaster Road, Enfield

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Gordon Hill Station0.5 miles
  • Enfield Chase Station0.8 miles
  • Enfield Town Station0.9 miles

About Clarke Hillyer Limited, Loughton

Unit 2, Buckingham Court, Rectory Lane, Loughton, IG10 2QZ

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 34246051. 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 Clarke Hillyer Limited, Loughton. 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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