Residential development opportunity – the existing property comprises a single storey salesroom and forecourt adjoining a cleared site which was previously occupied by The Avenue Public House. The public house was demolished in May 2021 to facilitate the redevelopment of the site. Part of the site is subject a tenancy at will paying £18,000pa which can be terminated at any time. The remainder of the site is occupied by a tenant on a 5-year lease which can be terminated by giving 20 working days’ notice. Overall the site area extends to approximately 1.09 acres with frontages onto Eastern Avenue (A12), Hertford Road and Brook Road.
Office/storage/warehouse/yard – comprising single storey, brick built building which has office/storage use and is flexible for a variety of trades. There is a large yard area for parking. The building has air conditioning/heating (not tested). A viewing is highly recommended.
Ground floor lock-up shop within a busy parade which previously traded as a boutique. The premises have access via the front and rear. The shop has E use and is suitable for a variety of trades.
Ground floor lock-up shop. The shop is currently partitioned into various areas/offices but could be opened up to create one large space. The premises have a suspended ceiling with inset lighting. We understand the premises have E use so would suit a variety of uses including restaurant. The property is situated with lay-by parking on-street to the front of the property which is pay and display. Above the premises there is a vacant 3-4 bedroom large flat available together with the shop.
Freehold for sale – comprising 2 adjacent inter-communicating shops at ground floor level with 2 self-contained 2 bedroom flats at 1st floor level which are entered via the front of the property. There is a brick built store/double garage/workshop to the rear of one of the properties and open yard with parking to the rear of another one of the properties. One of the flats (above the right-hand shop) has been fully refurbished, the left-hand flat has been partly refurbished and needs a small amount of work to complete the refurbishment. The neighbouring property has built a loft extension and it is thought possible to obtain planning consent to likewise to both properties. There is also potential to extend both ground floor shops over the rear yard, subject to the necessary consent. The entire premises are offered with full vacant possession.
Freehold investment with residential accommodation – comprising a shop and upper part which is let on an overriding lease. The ground floor shop is trading as unisex hairdressers which is fully fitted and trading well. The upper part comprises a flat arranged over 2 floors comprising 2 double bedrooms, kitchen, lounge and bathroom. The flat is accessed via Fir Tree Place where there is a side stair well leading to a balcony access for first and second floors. The flat is particularly spacious .
Double fronted prominent retail premises with E use arranged over ground & 1st floor with development potential. Wide double fronted retail unit which is thought suitable for retail, supermarket, restaurant, café, gym or any other use within class E. The premises are arranged over ground and first floor and benefits from large window display area, suspended ceiling with inset lighting, 3 phase power supply and electric shutters. The first floor comprises office and storage area. There is a large yard to the rear which can be used for parking, loading or re-development (subject to planning approval). Immediately available for occupation.
Freehold shop with self-contained residential flat arranged over two upper floors. The property has a large garden to the rear plus a detached garage. There is potential to extend the premises further to the rear, if required. The shop has been sub-divided with light weight partitions to create five separate treatment rooms plus a kitchen. These can be removed and an open plan shop created. The shop is offered with full vacant possession and suitable for a variety of uses subject to the necessary consents. The demise includes a forecourt to the front of the property. The shop has gas central heating and air conditioning (not tested). Interested parties should make their own enquiries.
The flat is arranged over first and second floor with first floor comprising kitchen, living/dining room, toilet and bathroom and the second floor comprises two good sized bedrooms. The flat is currently let on an Assured Shorthold Tenancy (AST) at £13,800 pa and can be purchased with the tenant in situ or vacant.
Freehold building arranged over ground, first and second floor with retail on the ground floor and two flats making up the upper part.
The flats are sold off on 125 year leases.
The ground floor lock up shop is let to Betfred.
Freehold industrial investment for sale – comprising 4 industrial units constructed in the 1970s, which are all let on full repairing and insuring leases as per the tenancy schedule on marketing particulars. Constructed of steel portal frame beneath a pitched steel clad roof with part profile metal clad/part brick elevations. The units benefit from the following specification:-
- Full height level access electronically operated loading doors
- Hardstanding loading area to the front of each unit
The site extends to 0.28 acres 0.11 hectares) providing a site coverage of 92%.
Multi let to four tenants generating a total rental income of £128,500 per annum, reflecting a low average rent of £11.35 per sq ft.
Attractive AWULT of 3.2 years to expiry.
Opportunities to add substantial value by exploring lease re-gears/rental growth.
Prime rents now stand in excess of £27 per sq ft in North London and are projected to continue on an upward trajectory, largely due to a lack of supply of quality industrial stock.
The COVID-19 pandemic has highlighted how vital the industrial sector is to end consumers and supply chains. Industrial has remained resilient throughout the last 12 months, largely down to surges in e-commerce
