7 The Town Enfield EN2 6LE

  • 7 The Town<br>Enfield<br>EN2 6LE

7 The Town
Enfield
EN2 6LE

Freehold Retail and Residential Investment

  • Hairdresser/beauty salon with seven
  • self-contained residential units above
  • Prominent location close to Enfield Town Railway Station
  • Close to entrance to Palace Gardens Shopping Centre with retailers including Waitrose,
  • Boots the Chemist, Marks & Spencer, TK Maxx and H&M Clothing
  • VAT-free London Investment
  • Lot
    7
  • Auction
    23rd May 2019
  • Rent
    £52,299 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
Important UpdateInterested?
  • Expand
  • Photos
  • Map

Freehold Retail and Residential Investment

  • Hairdresser/beauty salon with seven
  • self-contained residential units above
  • Prominent location close to Enfield Town Railway Station
  • Close to entrance to Palace Gardens Shopping Centre with retailers including Waitrose,
  • Boots the Chemist, Marks & Spencer, TK Maxx and H&M Clothing
  • VAT-free London Investment
  • Lot 7
  • Auction 23rd May 2019
  • Rent £52,299 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN

Property Information

Location
Miles
6 miles east of Barnet
12 miles north of Central London
Roads
A10, A110, M25 (Junction 25)
Rail
Enfield Town Railway Station (approximately
34 mins to London Liverpool Street)
Air
London City Airport, London Stansted Airport
Situation

The property is located in an excellent trading location on the southern side of The Town, between Church Street and London Road and approximately 150m west of Enfield Town Railway Station. Palace Gardens Shopping Centre is located close by, with retailers including Waitrose, Boots the Chemist, Lidl, Marks & Spencer, TK Maxx, WH Smith and Waterstones.

Tenure

Freehold.

Location
Miles
6 miles east of Barnet
12 miles north of Central London
Roads
A10, A110, M25 (Junction 25)
Rail
Enfield Town Railway Station (approximately
34 mins to London Liverpool Street)
Air
London City Airport, London Stansted Airport
Situation

The property is located in an excellent trading location on the southern side of The Town, between Church Street and London Road and approximately 150m west of Enfield Town Railway Station. Palace Gardens Shopping Centre is located close by, with retailers including Waitrose, Boots the Chemist, Lidl, Marks & Spencer, TK Maxx, WH Smith and Waterstones.

Tenure

Freehold.

Description

The property comprises a shop arranged on the ground and basement, with separately accessed residential accommodation on first, second, third and fourth floors (arranged as an HMO) comprising seven one bedroom residential units all with en-suite shower rooms and a shared kitchen. The residential accommodation is separately accessed from The Town.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk

Description

The property comprises a shop arranged on the ground and basement, with separately accessed residential accommodation on first, second, third and fourth floors (arranged as an HMO) comprising seven one bedroom residential units all with en-suite shower rooms and a shared kitchen. The residential accommodation is separately accessed from The Town.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/
(Reversion)
  Ground
Basement		 Retail
Ancillary
28.17 sq m
22.78 sq m
 (303 sq ft)
(245 sq ft)		 J ADEWALE
t/a Hairwaves
Beauty Centre (1)		 15 years from
24/06/2011		 £25,000 24/06/2021
(23/06/2026)
1 First Residential
One Bedroom/
Shower Room
 AN INDIVIDUAL AST for 6 months
from 07/09/2018		 £5,280 (2) (06/03/2019)
2 Second Residential
One Bedroom/
Shower Room
 AN INDIVIDUAL AST for 6 months
from 19/08/2018		 £5,400 (2) (18/02/2019)
3 Second Residential
One Bedroom/
Shower Room
 AN INDIVIDUAL AST for 6 months
from 08/04/2017		 £3,379.92
(2)		 (07/10/2017)
4 Third Residential
One Bedroom/
Shower Room
 AN INDIVIDUAL AST for 6 months
from 04/04/2018		 £4,800 (2) (03/10/2018)
5 Third Residential
One Bedroom/
Shower Room
 VACANT
6 Fourth Residential
One Bedroom/
Shower Room
 AN INDIVIDUAL AST for 6 months
from 19/08/2018		 £3,640 (2) (18/02/2019)
7 Fourth Residential
One Bedroom/
Shower Room
 AN INDIVIDUAL AST for 6 months
from 21/03/2019		 £4,800 (2) (20/09/2019)
Total Commercial Area
50.95 sq m
(548 sq ft)
     £52,299.92  

(1) A six month rent deposit is held by the Vendor.
(2) Annualised rents.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Hamlins Roxburghe House273-287 Regent Street
London
W1B 2AD
Mark Hurst +44 (0)20 7355 6024mark.hurst@hamlins.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
AquillaNatasha Ward+44 (0)20 3159 4314+44 (0)7545 208 759natashaw@aquillaib.co.uk

You may also be interested in

By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

We will keep you updated about lot xthis property.

In the meantime, if you would like to speak to the Surveyor about this property, please call on .

Are you sure you want to remove this property from your Watch List?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?