57b Turners Hill, Cheshunt, Hertfordshire, EN8 8NT

SITUATION
Located close to the junction with College Road in the heart of the town centre, adjacent to Boots Opticians, diagonally opposite a Tesco Supermarket, amongst other multiples such as Greggs, Wimpy and William Hill and a host of established independent traders, all serving the surrounding residential area.
Cheshunt is located 4 miles north of Enfield and benefits from excellent road links via the M25 (Junction 25) and the A10. The property is approximately ½ a mile from Cheshunt Station (Weaver Overground Line, Greater Anglia) providing rail services to London Liverpool Street Station.

PROPERTY
Forming part of a retail parade comprising a Ground Floor Shop.

ACCOMMODATION
Ground Floor Shop
Gross Frontage 18'9"
Internal Width 17'6"
Shop Depth 51'0"
Built Depth 60'6"
Sales Area Approx. 892 sq ft
Store Area Approx. 115 sq ft
WC

Total Area Approx. 1,007 sq ft

VAT is NOT applicable to this Lot

TENURE
Leasehold for a term of 999 years from completion at a peppercorn ground rent.

TENANCY
The property is let on a full repairing and insuring lease to Home Depot Pound Saver Limited (with personal guarantor) t/a Local Discount Store (Household Goods) (having 3 branches) for a term of 12 years from 18th January 2022 (renewal of a previous lease, in occupation for at least 10 years) at a current rent of £22,500 per annum exclusive.

Rent Reviews January 2026 (not yet actioned) and 2030.

This is a £10,000 Rent Deposit held.

Note: 6 week completion