Home » Property Search » Auctions » 11/07/16 » 32 Lavender Gardens, Enfield, Middlesex, EN2 0TP

Lot 29 - 32 Lavender Gardens, Enfield, Middlesex, EN2 0TP

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FREEHOLD COMMERCIAL INVESTMENT PLUS VACANT REAR STORE WITH PP FOR OFFICE

Guide price: £200,000 - £205,000 *

Auction Date

Monday, 11th July 2016 11:00am

Location & Description

A single storey commercial unit and attached rear store on a triangular corner plot.
On the west side of Lavender Gardens in a predominantly residential area although within a short walk of Gordon Hill mainline station and shops in Lavender Hill.

EQUIVALENT TO £7,000 p.a. PLUS VACANT STORE WITH PLANNING PERMISSION GRANTED 22.07.2015 (ref: 15/01264/CND) FOR CHANGE OF USE TO OFFICE (A2) with shared use of kitchen facilities & WC. POTENTIAL FOR REDEVELOPMENT (SUBJECT TO CONSENT)

SITE AREA: (from digital mapping)

1,090 sq ft (101.3 sq m)

Display Area: 305 sq ft (28.3 sq m)
Occupied by MK Memorials (with guarantor) under a Law Society Agreement for 15 years from 01.01.2015 (with break clauses in 2020 and 2025) at £7,000 p.a. with annual reviews (index-linked).

Rear Store: 290 sq ft (26.9 sq m)
(includes basic kitchen facilities), WC/sink
VACANT

EPC Rating

E

Result

Refer to auctioneer

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.

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* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.