Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.
We have pleasure in offering this excellent FREEHOLD building for sale with a lock up shop and 3 x residential units. The entire building is currently let out to tenants with minimal rents. There is a large yard at the rear which can be redeveloped to create further flats subject to planning consent.
The premises occupy a good trading position, being the western half of Ordnance Road with a number of specialised trades close at hand, together with local BR Station (Enfield Lock) being close by.
Rental information as below:
Awaiting EPC RATING.
Shop- Plumbing and heating ltd, £8,800 per anum rent- potential £12,000 per annum, lease expires Feb 2022
Flat 1- Studio flat at rear, £9000 per annum rent-Potential £10,200 per annum, AST expires on October 2022
Flat 2-Studio flat at first floor rear, £12,804, AST expires on June 2022
Flat 3- 1 Bedroom flat first floor front, £10,800- potential for £12,000 per annum rent AST expires March 2022
Total rent achieved is: £41,404 per annum,potential rent that can be achieved is: 47,004 per annum.
Call Lords Property for further information and viewings.
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