Garnault Road, Enfield, Greater London

£750,000 For Sale
2


Property Description

  • Freehold Investment
  • Detached
  • Warehouse + Office
  • Plus 2-bedroom Split-level Flat
  • Off-street parking
  • Ideal as WAREHOUSE, for RETAIL, OFFICE SPACE, LEISURE / as a GYMNASIUM
  • Offered with vacant possession
  • Total potential rental income in excess of £60,000
  • Desirable neighbourhood
  • Potential approx gross yield of 8.35%

Woodhouse are pleased to offer this freehold commercial opportunity situated in the ever-desirable neighbourhood of Forty Hill, Enfield.

Offered with vacant possession, the property lends itself to use as a WAREHOUSE, for RETAIL, OFFICE SPACE, LEISURE / as a GYMNASIUM.

This Detached mixed-use premises comprises of:-

Warehouse approx 600 sqf

Offices to the rear approx 1,600 sqf

Canopy (approx 315 sqf) + Hard-surfaced fenced land (approx 405 sqf)

3 x parking spaces to the front

2-Bedroom Flat

The premises are being offered with vacant possession, with the potential rental income of approximate £62,000.  Please find below the estimated breakdown

Contact Woodhouse today for further discussion and to arrange a viewing to see for yourself the potential of this site.  Viewings strictly by appointment only.

 

Calculations for estimated potential income

Warehouse & offices- 2200sqf @ est. £20 per sqf = approx £44,000pa
Canopy & hard surface area - 720sqf @ est. £5 per sqf = approx £3,600pa
3 x car park spaces @ £350 each = approx £1,050pa
2-bed flat @ approx £14,000pa

Total rental income estimate approximation = £62,650 (approx 8.35% gross yield)