84 London Road, Enfield EN2 6HU
The property comprises a mid-terraced ground floor lock-up shop and forms part of a four storey parade of nine shops with self-contained flats to the upper parts.
Other occupiers within the parade include Tool Station, fish and chip shop, and a photography studio.
Property type Shops - Retail (A1)
Size 949 sqft
Tenure For Sale
Terms Virtual freehold of 999 years from 25 March 1972 at a ground rent of £50 per annum.The lease is subject to effective full repairing and insuring terms with service charge provisions for repairs to the exterior and structure.
Features
  • Retail investment within prominent parade just south of Enfield Town.
  • Other occupiers include Tool Station.
  • Reversion and potential for owner occupation in December 2021
About this property

Location
The property is situated within a parade of shops fronting a vehicular service road on the east side of London Road (A105), diagonally opposite its junction with Essex Road, approximately 125m north of its junction with Lincoln Road and approximately 500m south of Enfield Town Centre, within the London Borough of Enfield, approximately 12 miles north of Central London.

Various bus routes are immediately available, whilst Enfield Town Overground Station, providing regular services to London Liverpool Street, is within approximately 500m miles to the north and Enfield Chase Overground Station, providing direct services to London Moorgate, is within approximately 0.7 km to the north-west.

Tenure
Virtual freehold of 999 years from 25 March 1972 at a ground rent of £50 per annum. The lease is subject to effective full repairing and insuring terms with service charge provisions for repairs to the exterior and structure.

Tenancy
The occupational lease of Ms M Tomouzi t/a Dena’s (hair and beauty) which is for a term of 6 years from and including 25 December 2015 at a present rent of £17,000 pa exclusive rising to £17,600 pa exclusive with effect on 25 December 2020. The lease excludes the security of tenure provisions of sections 24-28 of the Landlord & Tenant Act 1954.

Business Rates
Interested parties should confirm the rateable value and rates payable with the Local Charging Authority.
Rateable value 2020/2021 £15,500
Rates payable £7,734.50

Price
£339,500 SUBJECT TO CONTRACT

CONTACT US

Ian Harding

M: 07956 374326

T: 01438 816396

Additional property information

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