Land for sale

Bridge Court, 263/271 High Street, Waltham Cross, Hertfordshire EN8

Lot 78 **for sale by online auction** on 25th March 2026

Freehold with Lapsed Planning Consent for Three New Build Flats and Ground Rent Income

Situated in a main road position close to local shopping/travelling facilities including Theobalds Grove Overground Station, with services into London Liverpool Street taking approximately 36 minutes.

Freehold Ground Rents amounting to £375 per annum derived from Three Self-Contained Flats each on lease as follows:

Flat 271(A) 150 years from 30th July 2012 at a ground rent of £125 per annum doubling every 25 years of the term.

Flat 271(B) 159 years from 1st January 2014 at a ground rent of £150 per annum doubling every 25 years of the term.

Flat 271(C) 155 years from 25th March 2013 at a ground rent of £100 per annum increasing to £200 per annum at the 77.5 years of the contract term.

The other flats in the Block and Shops are each on 999 year leases from various dates in the legal pack at peppercorn ground rents.

Planning Consent was granted by Borough of Broxbourne on 20th September 2022 for an additional floor to create Three x One Bedroom Penthouse Flats each with Balcony This Consent has now Lapsed. (The Planning Reference was: 07/22/0322/F).

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.

There is a buyers fee payable to McHugh & Co of £1,200 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.

The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.