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43-45 Church St
Enfield EN2 6AJ
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • The property is situated on the North side of A110 Church Street
  • The main pedestrian entrance to Palace Gardens Shopping Centre is located on the opposite side of Church Street to the east Enfield Chase station

PROPERTY FACTS

Property Type
Retail
Property Subtype
Shopfront Retail / Office
Property Size
4,915 sq ft
Costar Property Class
C
Year Built
1920
Tenancy
Multiple
Number of Floors
3
Plot ratio
1.41
Total Plot Size
0.08 ac
Frontage
33 ft on Church Street

AMENITIES

  • Security System
  • Roller Shutters

ABOUT 43-45 CHURCH ST , ENFIELD, LND EN2 6AJ

The premises which has main road frontage comprises of two units on the ground floor, first floor rear offices let with the ground floor of 43 Church Street and four flats at First and Second floors. 43 Church Street and the first floor offices to the rear over 43/45 Church Street are let and trade as Gordon Thomas Opticians. The property is let for a term of 20 years from 20 May 2002 at a passing rent of £50,000 pax. 45 Church Street trades as Roosters Piri Piri and is let for a term of 20 years at a rent rising from £33,000 pax year one to £37,000 pax year 5. Flat 1 AST 18 June 2019 at £875 PCM Flat 2 AST 25 February 2019 £950 PCM Flat 3 AST 6 February 2019 £850 PCM Flat 4 AST 21 May 2018 £975 PCM Location The property is situated on the North side of A110 Church Street, west of the junction of LIttle Park Gardens and is within the Enfield Town Conservation Area. The main pedestrian entrance to Palace Gardens Shopping Centre is located on the opposite side of Church Street to the east. Enfield Chase Station is located to the west and Enfield Town Station is located to the east. Floor Areas The Commercial premises are Net Internal Areas. The Residential premises are Gross Internal Areas. All areas are approximate only. 43 Church Street & 1st floor rear offices 2,109 sq ft (196 sq m) 43/45 Church Street 45 Church Street 1,324 sq ft (123 sq m) Flat 1 388 sq ft (36 sq m) Flat 2 495 sq ft (46 sq m) Flat 3 388 sq ft (36 sq m) Flat 4 495 sq ft (46 sq m) Total 5,199 sq ft (483 sq m) The property is available as a Freehold Investment Property. Price upon application. All prices are subject to VAT if applicable SUBJECT TO CONTRACT. Features Two ground floor shops and first floor (rear) offices and fully let producing £83,000 pax Four Studio/One bedroom Flats at First & Second Floors (front) and fully let producing £3,625 pcm (i.e. £43,500 pa) Total income £126,500 pax Prominent position on the north side of Church Street Enfield

  • Listing ID: 16245723

  • Date on Market: 05/06/2019

  • Last Updated:

  • Address: 43-45 Church St, Enfield EN2 6AJ

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