Crossbrook Street, Cheshunt, Waltham Cross, Hertfordshire

Woodhouse are pleased to offer this Freehold Commercial Investment situated on the main road connecting Cheshunt and Waltham Cross. Comprising to the ground floor an established local business, and to the 1st floor a residential flat.

The current business renewed its FRI lease in 2023 - a 10 year lease at £16,200 pa (£1350pcm). There is a rent review due in the 5th year.

The 2-bedroom is duplex, covering the 1st & 2nd floor. The flat was yielding a monthly rent of £14,400pa (£1200pcm) until last month when the current tenants vacated. Rents in this area for 2-beds have risen in the last year so you should expect more for the next tenants. The owner will keep this flat empty for the foreseeable in case it suits your personal circumstances / preference.

Crossbrook Street is ideally suited for footfall. You are within walking distance to two stations, Cheshunt and Theobalds Grove, both with regular direct routes into London. Liverpool Street takes only about 25 minutes for example, and Oxford Circus only about 40. You are also well-served in terms of road links. In under 10 minutes, you are on the M25. And shortly beyond that take your pick for the M1, M11 & A1. The A10 is just a couple of minutes drive away, again with its quick and direct route to London, or north towards Cambridge.

Contact Woodhouse today to come and see for yourself the potential of this premise for you!