*Guide | £825,000+ (plus fees)
- Land
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
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.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
