£699,995

Property for sale

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Just added
Freehold

Offers in region of

£699,995

(£636.36/sq. ft)

Property for sale

Lancaster Road, Enfield EN2

1,100 sq. ft

Local area information

Property location

Nearby amenities

  • St Michael's CofE Primary School 0.2 miles
  • Lavender Primary School 0.3 miles
  • Gordon Hill 0.5 miles
  • Enfield Chase 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Enfield to find out more about the local area.

Features and description

  • Freehold
  • Freehold
  • Shop & self-contained 2-bedroom flat
  • Current income £43,200 per annum in total
  • Suitable for investors or owner-occupiers
  • Includes forecourt
  • Includes rear garden
** freehold shop & flat for sale ** - This property is located on Lancaster Road to the north of Enfield town centre. Comprising a ground floor lock up shop, currently used as an Estate Agency, and a first floor self-contained two bedroom flat. The shop has an approx gross internal area of 616 square feet (57.2 square metres) and benefits from a glazed frontage, gas central heating (untested), kitchenette, w/c and forecourt. There is also a rear garden with an outbuilding which is currently occupied by the estate agent. Please call Clarke Hillyer on for further information.

Location

This property is located on Lancaster Road which is a mixed commercial and residential road to the north of Enfield town centre. The closest train station is Gordon Hill (Great Northern Line) and the area is served by local buses. Access to the motorway network is via Junction 25 of the M25 at Enfield.

Description

Comprising a ground floor lock up shop, currently used as an Estate Agency, and a first floor self-contained two bedroom flat. The shop has an approximate gross internal area of 616 square feet (57.2 square metres) and benefits from a glazed frontage, gas central heating (untested), kitchenette, w/c and forecourt. There is also a rear garden with an outbuilding which is currently occupied by the estate agent.

Tenancies

135 Lancaster Road: Currently let to an estate agent paying £2,000 per calendar month. We are informed that this agreement can be terminated if a buyer wishes.
135a Lancaster Road: Currently let on an Assured Shorthold Tenancy Agreement for £1,600 per calendar month and this will be increasing to £1,800 per calendar in November.

Terms

The freehold interest is available for £699,995.

Business Rates

Enfield Council have informed us of the following;
2023 Rateable Value: £12,000
2025/26 ubr: 0.499 P/£
2025/26 Rates Payable: £5,988
Interested parties may benefit from Small Business Relief and are advised to verify current rate liability with the local authority.

Council Tax

The flat is included within band B.

Viewings

Strictly through agents Clarke Hillyer on .

Epc

The shop has an Energy Performance Certificate Rating of C and the flat has an EPC rating of D.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Clarke Hillyer. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Clarke Hillyer for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. North London
  5. Enfield (London Borough)
  6. Enfield
  7. Lancaster Road