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Café, Cheshunt, Greater London


1 Clayton Parade, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire, EN8 8NQ

Basic Facts

Status: Type: Tenure: Freehold Gross Rent: £ 13,500
Lease Term: 15 yrs from June '13 VAT applicable: No

Property Description

  • Freehold cafe investment in Greater London
  • The property comprises two ground floor retail units fitted to a good spec and four self-contained first floor flats situated in a terrace building arranged over ground and two upper floors beneath a pitched roof
  • The flats are accessed from the rear of the property and have been sold off on a long lease

Location Description

  • Cheshunt is a popular commuter town some 16 miles north of Central London and served by the A10 and M25.
  • The property is situated on the west side of Turners Hill in Cheshunt town centre.
  • Nearby occupiers include Tesco Metro, Boots Optician, JD Wetherspoon and Greggs.
  • Local shops and amenities are available along Turners Hill, with the further and more extensive facilities of Waltham Cross also being available to the south.
  • Cheshunt Rail Station lies approximately 0.6 miles to the east and provides direct and regular services into London Liverpool Street Rail Station.
  • The nearby A10 provides access to the M25 Motorway. The green and open spaces of Lee Valley Regional Park are also accessible.

Additional Notes

  • The commercial units appear to be under-rented and have good potential for rental growth.
  • A smaller unit on the same parade is currently let for £16k p.a. and a unit opposite in excess of £20k p.a.
  • Potential to purchase the neighboring property, click here for interest.

Tenancy & Accommodation Schedule

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