61 Darkes Lane Potters Bar Hertfordshire EN6 1BJ

61 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BJ

Freehold Retail and Residential Investment

Retail Shop and a 3 Bedroom Self-Contained Maisonette
Popular London Commuter town
Busy Town Centre Location
Development potential on Rear Car Park (Subject to Consents)
VAT Free Investment
Neighbouring Occupiers Include Halifax, Greggs, Superdrug, TSB, Card Factory and Boots Pharmacy and Costa.

Lot
9
Auction
21st September 2023
Rent
£25,000 per Annum Exclusive
Status
Sold
Price
£469,000
Auction Venue
Live Streamed Auction

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Freehold Retail and Residential Investment

Retail Shop and a 3 Bedroom Self-Contained Maisonette
Popular London Commuter town
Busy Town Centre Location
Development potential on Rear Car Park (Subject to Consents)
VAT Free Investment
Neighbouring Occupiers Include Halifax, Greggs, Superdrug, TSB, Card Factory and Boots Pharmacy and Costa.

Lot 9
Auction 21st September 2023
Rent £25,000 per Annum Exclusive
Status Sold
Price £469,000
Sector
High Street Retail, Residential
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 4 miles north of Central London, 7 miles south of Welwyn Garden City,
Roads: A1 (M) (Junction 1), M25 (Junction 24)
Rail: Potters Bar Railway Station
Air: London Luton Airport , London Stansted Airport

Situation

The property occupies a prominent and strong trading position on the east side of Darkes Lane close to its junction with Station Close and in the heart of the town centre. Neighbouring retailers include Halifax, Greggs, Superdrug, TSB, Card Factory, Boots Pharmacy, Sainsbury's, Costa and a mix of independent retailers. Potters Bar Station is approximately 100m away to the south and Road Car Park is nearby, providing car parking for about 125 cars.

Tenure

Freehold.

Location

Miles: 4 miles north of Central London, 7 miles south of Welwyn Garden City,
Roads: A1 (M) (Junction 1), M25 (Junction 24)
Rail: Potters Bar Railway Station
Air: London Luton Airport , London Stansted Airport

Situation

Tenure

Freehold.

Description

The property comprises a lock up Retail accommodation on the ground floor and a 3 bedroom self contained maisonette on the first and second floor. The maisonette is accessed from the rear via The Service Road whcih also affords access to the rear Car Park that accommodates parking for 4 cars, 2 in tandem.

The Car Park may be suitable for development, subject to the required consents.

VAT

VAT is not applicable to this lot.

EPC

Retail See Legal Pack. Maisonette: Band "C"

Description

VAT

VAT is not applicable to this lot.

EPC

Retail See Legal Pack. Maisonette: Band "C"

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m (1)	Floor Areas Approx sq ft (1)	Tenant	Term	Rent p.a.x.	Rent Review (Reversion)
Ground	Retail	31.68	(341)	INDIVIDUAL (t/a Just Gents Barbers)	8 years from 29th September 2019 until 2027	£13,000	29/09/2023 (28/09/2027)
First Second	3 Bedroom Maisonette	-	(-)	INDIVIDUAL	Assured Shorthold Tenancy	£12,000
Total Approximate Commercial Floor Area		31.68	(341)			£25,000

(1) The floor areas stated above are those published by the Valuation Office Agency (https://www.tax.service.gov.uk/business-rates-find/valuations/start/128042017)
(2) The residential rent stated above has been annualised.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.