57b Turners Hill, Cheshunt, Hertfordshire, EN8 8NT
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- FOR SALE BY AUCTION ON THURSDAY 4TH JUNE 2026 (UNLESS SOLD PRIOR).
- High Street Location
- Ground Floor Shop
- Producing £22,500 per annum
- Gross Yield 8.7%
- 999 Year Leasehold
Description
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
Energy Performance Certificates
EPCBrochures
57b Turners Hill, Cheshunt, Hertfordshire, EN8 8NT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cheshunt Station0.5 miles
- Theobalds Grove Station0.7 miles
- Waltham Cross Station1.2 miles
Notes
Disclaimer - Property reference Cheshunt. 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 Barnett Ross, Barnett Ross. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Barnett Ross, Barnett Ross on 020 8106 0950.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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