Motor trade & Car Wash Site, 78 Great Cambridge Road (A10) Cheshunt Waltham Cross Hertfordshire EN8 8PA

Motor trade & Car Wash Site, 78 Great Cambridge Road (A10)
Cheshunt
Waltham Cross
Hertfordshire
EN8 8PA

Prominent Freehold Motor Trade Investment

Let until 2020
Prominent frontage on the busy Great Cambridge Road (A10)
Approximately 1 mile north of M25
Approximate site area of 0.14 hectares (0.35 acres)
Redevelopment potential (subject to consents)
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
36
Auction
26th March 2015
Rent
£70,000 per Annum Exclusive
Status
Sold
Price
£800,000
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Prominent Freehold Motor Trade Investment

Let until 2020
Prominent frontage on the busy Great Cambridge Road (A10)
Approximately 1 mile north of M25
Approximate site area of 0.14 hectares (0.35 acres)
Redevelopment potential (subject to consents)
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 36
Auction 26th March 2015
Rent £70,000 per Annum Exclusive
Status Sold
Price £800,000
Sector
Motor Trade, Petrol Station
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 14 miles north east of the City of London
Roads: A10, M25 (Junction 25), M11, A1 (M)
Rail: Cheshunt Railway Station
Air: London Stansted, London Luton and London City Airport

Situation

The property is situated in a highly prominent trading position on the busy Great Cambridge Road (A10) at its junction with College Road. Great Cambridge Road (A10) is an important and busy arterial route from the City of London to Cambridge.

Tenure

Freehold.

Location

Miles: 14 miles north east of the City of London
Roads: A10, M25 (Junction 25), M11, A1 (M)
Rail: Cheshunt Railway Station
Air: London Stansted, London Luton and London City Airport

Situation

Tenure

Freehold.

Description

The property comprises a site of approximately 0.14 hectares (0.35 acres) upon which is a substantial car sales forecourt and a retail/ workshop unit and a car wash building. The property may be suitable for redevelopment (subject to consents).

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review
Ground	Motor Trade	169.07 sq m	(1,819 sq ft)	CHRISTODOULOS SOCATOUS	6 years from 10/10/2014 on a full repairing and insuring lease	£70,000	10/10/2017
Totals		169.07 sq m	(1,819 sq ft)			£70,000