£445,000
Commercial Building, South Street, EN3
- 0 beds
£445,000
- 0 beds
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For Sale: Ground Floor Commercial Property with Residential Flat Above
Location: Ponders End, Enfield, EN3
Asking Price: £445,000
Filey Properties are delighted to present an excellent investment opportunity to the market.
This mixed-use property currently generating a combined rental income of up to £30,000 pa from both the ground floor Commercial and Residential Flat above. Situated in a desirable location in Ponders End, the property is in close proximity to local amenities, transport links, and is within easy reach of Retail and Leisure facilities. The property offers not only a private separated access for occupiers but also personal garden space for each occupancy. There is a high yield opportunity with strong returns relative to the asking price.
Rental Income Breakdown:
Shop - £1,250 pcm / £15,000 pa (FRI LEASE)
Residential Flat - £1,150 pcm / £13,800 pa (Guaranteed Rent)
Combined - £28,800 Potential to Increase
Property Features (Ground Floor Commercial):
Main Shop Floor - 5.99m x 3.02m = 18.09 m2 / 194 sqft
Kitchen – 3.12m x 3.23m = 10.08m2 / 108 sqft
Back of House – 3.61m x 2.64m = 9.53m2 / 102.5 sqft
Wash Area – 2.24m x 1.85m = 4.14m2 / 44.5 sqft
Rear Shop Garden – 8.53m x 4.50m = 38.39m2 / 413 sqft
Property Features (Residential Flat Above):
Living Room – 4.27m x 4.27m = 18.23m2 / 196 sqft
Bathroom – 2.08m x 1.63m = 3.39m2 / 36.5 sqft
Kitchen – 3.66m x 2.74m = 10.03m2 / 108 sqft
Rear Garden – 21.34m2 / 300 sqf
Don’t Miss Out on This Fantastic Investment Opportunity.
Contact Us Today on 020 3231 4081 to arrange a viewing right away!
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