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43/45 Church Street, Enfield, EN2 6AJ

RETAIL/OFFICE/RESIDENTIAL INVESTMENT


Property type

Retail (A1), Retail Office (A2), Investments, Retail Hot Food (A3, A4, A5)

Size

5,199 sq ft

(482.99 sq m)

Tenure

For Sale

Terms

£0.00

Description

The premises which has main road frontage comprises of two units on the ground floor, first floor rear offices let with the ground floor of 43 Church Street and four flats at First and Second floors.

43 Church Street and the first floor offices to the rear over 43/45 Church Street are let and trade as Gordon Thomas Opticians.  The property is let for a term of 20 years from 20 May 2002 at a passing rent of £50,000 pax. 

45 Church Street trades as Roosters Piri Piri and is let for a term of 20 years at a rent rising from £33,000 pax year one to £37,000 pax year 5.

Flat 1 AST 18 June 2018 at £850 PCM
Flat 2 AST 25 February 2019 £950 PCM
Flat 3 AST 6 February 2019 £850 PCM
Flat 4 AST 21 May 2018 £975 PCM

Location

The property is situated on the North side of A110 Church Street, west of the junction of LIttle Park Gardens and is within the Enfield Town Conservation Area.  The main pedestrian entrance to Palace Gardens Shopping Centre is located on the opposite side of Church Street to the east.  Enfield Chase Station is located to the west and Enfield Town Station is located to the east.

Floor Areas

The Commercial premises are Net Internal Areas.
The Residential premises are Gross Internal Areas.

All areas are approximate only.

43 Church Street & 1st floor rear offices 2,109 sq ft (196 sq m)
43/45 Church Street
45 Church Street 1,324 sq ft (123 sq m)
Flat 1 388 sq ft (36 sq m)
Flat 2 495 sq ft (46 sq m)
Flat 3 388 sq ft (36 sq m)
Flat 4 495 sq ft (46 sq m)

Total 5,199 sq ft (483 sq m)

The property is available as a Freehold Investment Property.

Price upon application. 

All prices are subject to VAT if applicable
SUBJECT TO CONTRACT.

Features

  • Two ground floor shops and first floor (rear) offices and fully let producing £83,000 pax

  • Four Studio/One bedroom Flats at First & Second Floors (front) and fully let producing £3,625 pcm (i.e. £43,500 pa)

  • Total income £126,500 pax

  • Prominent position on the north side of Church Street Enfield

Status

Available

Contact Details

Ben Alcock (Agent)
T: 020 8370 2539
M: 07947 484197
Email


Additional property information

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Awaiting EPC

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