FREEHOLD COMMERCIAL/RESIDENTIAL INVESTMENT - SHOP & 2 FLATS
Guide price: £430,000 - £450,000 *
Tuesday, 13th December 2016 11:00am
Location & Description
A mid terrace three storey property comprising a ground floor shop with separate front access to two self-contained flat above.
A short distance south of the junction with Lancaster Road and forming part of a local parade serving the surrounding residential area. Chace Community School is within close proximity. Enfield town centre, which includes the Palace Exchange shopping mall and Enfield Town mainline station, is within about ¾ mile.
Ground Floor Shop:
449 sq ft (41.7 sq m), WC
Let on a Law Society Business Lease to Chrystalla Egbers for 5 years from 02.05.2014 at £7,500 p.a.
First Floor Flat: 2 rooms, kitchen, bathroom/WC
Let on an AST at £700 pcm
Second Floor Flat: 2 rooms, kitchen, shower room/WC
Let on an AST at £750 pcm.
EQUIVALENT TO £24,900 p.a.
Shop: On application
First Floor Flat: D
Second Floor Flat: E
Sold for £430,000.
* 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.