COVID-19 – Important Auction Information
For Sale By Auction | 12:00, 10 February 2021 | Lot 22

22 College Road, Cheshunt, Waltham Cross, Hertfordshire, EN8 9NS

*Guide | £825,000+ (plus fees)

  • Land
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Wed 10/02/2021

Auction Time

12:00

Auction Venue

Live Stream

A Substantial Redevelopment Site Measuring Approximately 721 sq m (7,760sq ft) Comprising a Single Storey Detached Building Currently Operating as a Car Wash Subject to a Commercial Lease Producing £55,200 + VAT Per Annum. Offered with Potential for Residential Development (Subject to Obtaining any Relevant Consents)

The plot comprises a predominantly rectangular shaped site measuring approximately 721 sq m (7,760sq ft) with a single storey detached building measuring approximately 430 sq m. The site has direct access from College Road.

Tenure

Freehold

Location

The property occupies a prominent position on College Road in Waltham Cross close to local shops and amenities. The open spaces of Elm Arches are within close proximity. Transport links are provided by Cheshunt overground station.

Tenancy

The property is subject to a commercial lease for a term of 10 years commencing 1st January 2020 at a rent of £5,186.66 per calendar month.

Current Rent Reserved

Current Rent Reserved £55,200 + VAT Per Annum

VAT

VAT is applicable

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.