No longer on the market
This property is no longer on the market
MapRetail property (high street)
Retail property (high street)
1496
Features and description
- Area - Enfield
- Size - 1,496 sqft
- Local Amenities - Pure Gym (0.1 miles), Morrison (0.2 miles), Broomfield Park (0.3 miles)
- Property Type - Freehold Mixed Use Investment
This freehold property is situated on the prime pitch of Palmers Green high street. The property comprises a retail and terrace house at the rear which are both tenanted.
The retail unit is 861 sqft in size and currently operates as a Turkish resturant. The retail unit generates £31,200 per annum as rent and the tenant has a 10 year lease which commenced from 2023.
At the rear of the property there is an 2 bedroom terrace house which 635 sqft in size and has its own private enterance. This terrace house is let at £15,600 per annum. The remaining three flats above have been all sold off on long leaseholds which have approximately 125 years remaining. These three flats generate income of £300 per annum from service charge. The total income the property generates is £47,100 per annum.
The property is situated on the busy Green Lanes with excellent amenities and major retailers nearby. Palmers Green Station is 0.1 miles away which offers direct access into Central London & Hertfordshire.
The property will likely appeal to local and regional investors.
Viewings are strictly on an appointment basis only.
The retail unit is 861 sqft in size and currently operates as a Turkish resturant. The retail unit generates £31,200 per annum as rent and the tenant has a 10 year lease which commenced from 2023.
At the rear of the property there is an 2 bedroom terrace house which 635 sqft in size and has its own private enterance. This terrace house is let at £15,600 per annum. The remaining three flats above have been all sold off on long leaseholds which have approximately 125 years remaining. These three flats generate income of £300 per annum from service charge. The total income the property generates is £47,100 per annum.
The property is situated on the busy Green Lanes with excellent amenities and major retailers nearby. Palmers Green Station is 0.1 miles away which offers direct access into Central London & Hertfordshire.
The property will likely appeal to local and regional investors.
Viewings are strictly on an appointment basis only.
Property information from this agent
About this agent
Whozoo is a leading commercial and development agency, offering expert property services across the UK. With a deep understanding of the market, we help clients navigate every stage of the commercial property process, from acquisition and disposal to development and investment. Our nationwide reach ensures that businesses, developers, and investors receive tailored solutions that align with their goals and maximize their property's potential. At Whozoo, we are dedicated to delivering the highest quality service, combining industry expertise with innovative strategies to drive exceptional results. We leverage cutting-edge marketing techniques, data-driven insights, and a proactive approach to ensure every property achieves maximum exposure and value. Our commitment to professionalism, transparency, and client success sets us apart in the industry. Whether you are looking to buy, sell, or develop commercial property, Whozoo provides a seamless, results-driven experience designed to help you unlock new opportunities and achieve your objectives.