£515,000
(£632.68/sq. ft)
Retail premises for sale89 & 89A Lancaster Road, Enfield EN2
814 sq. ft
EPC Rating: D
Freehold
About this property
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Income producing mixed use freehold
Description
The lock up commercial unit is arranged over ground level with basement, plus garage to rear. The unit is located in a secondary parade of mixed shops serving the local community. The first floor flat has one bedroom, reception, kitchen & bathroom, as well as a parking space to the side.
Location
The premises are situated on the corner of Birkbeck Road, and lie within two thirds of a mile of Gordon Hill main line station, & approximately a mile of shopping and transport facilities at Enfield Town, including Enfield Town station.
Viewings
All viewings – strictly by appointment only
Specifications
First floor – Residential accommodation
Access via an external staircase to the side/rear. Flat entrance door opens to;
Entrance Hallway – Split level (2 steps between front and rear parts of the property).
Reception 13’10 x 14’3 max/narrows to 12’4 (4.22m x 4.34m narrows to 3.76m)
Carpeted flooring, radiator, double glazed windows to front.
Kitchen 7’10’ x 6’4 (2.39m x 1.93m)
Kitchen units, stainless steel sink with mixer tap, 4 ring electric hob with oven below, radiator, double glazed window to front.
Bedroom 15’ max/narrows to 14’5 x 10’4 (4.57m to 4.39m x 3.15m).
Carpeted flooring, radiator, double glazed window to rear.
Bathroom 8’7 x 5’11 (2.62m x 1.80m)
Panel enclosed bath with hand held shower spray, low flush WC, wash hand basin, radiator, frosted double glazed window to side, partially tiled.
Utility Room 8’7 x 4’9 (2.62m x 1.50m)
Radiator, Potterton boiler, plumbing & space for washing machine & small fridge/freezer.
One off street parking space to the side of the property.
Council Tax band: C
Note: Under an Assured Shorthold Tenancy – the tenant has been at the property for several years –
the current monthly rent is £950 pcm.
Commercial Unit
Currently let and income producing – the front retail area has an overall depth of approximately 30’ (9.14m) with a 24’(7.32m) frontage narrowing to 16’ (4.88m) – beyond this are 2 rear ancillary areas of approximately 15’6 x 11’ (4.72m x 3.35m), and 7’3 x 6’ (2.21m x 1.83m), which includes kitchen and WC.
There is basement storage at the unit – approximately 21’ x 10’ (6.40m x 3.05m).
The garage to the rear of the property is leased to the commercial unit.
Business Rates
Lease: 15-year lease, established August 2019 – expires August 2034.
Passing Rent: £16,500 pax.
Review Dates: August 2023 / 2027 & 2031
Business Rates: According to the voa web site, the 2026 Rateable Value is £20,500.
This is not the rates payable. For the actual amount of rates payable, interested parties are advised to make their own enquiries with the Borough of Enfield Council.
The lock up commercial unit is arranged over ground level with basement, plus garage to rear. The unit is located in a secondary parade of mixed shops serving the local community. The first floor flat has one bedroom, reception, kitchen & bathroom, as well as a parking space to the side.
Location
The premises are situated on the corner of Birkbeck Road, and lie within two thirds of a mile of Gordon Hill main line station, & approximately a mile of shopping and transport facilities at Enfield Town, including Enfield Town station.
Viewings
All viewings – strictly by appointment only
Specifications
First floor – Residential accommodation
Access via an external staircase to the side/rear. Flat entrance door opens to;
Entrance Hallway – Split level (2 steps between front and rear parts of the property).
Reception 13’10 x 14’3 max/narrows to 12’4 (4.22m x 4.34m narrows to 3.76m)
Carpeted flooring, radiator, double glazed windows to front.
Kitchen 7’10’ x 6’4 (2.39m x 1.93m)
Kitchen units, stainless steel sink with mixer tap, 4 ring electric hob with oven below, radiator, double glazed window to front.
Bedroom 15’ max/narrows to 14’5 x 10’4 (4.57m to 4.39m x 3.15m).
Carpeted flooring, radiator, double glazed window to rear.
Bathroom 8’7 x 5’11 (2.62m x 1.80m)
Panel enclosed bath with hand held shower spray, low flush WC, wash hand basin, radiator, frosted double glazed window to side, partially tiled.
Utility Room 8’7 x 4’9 (2.62m x 1.50m)
Radiator, Potterton boiler, plumbing & space for washing machine & small fridge/freezer.
One off street parking space to the side of the property.
Council Tax band: C
Note: Under an Assured Shorthold Tenancy – the tenant has been at the property for several years –
the current monthly rent is £950 pcm.
Commercial Unit
Currently let and income producing – the front retail area has an overall depth of approximately 30’ (9.14m) with a 24’(7.32m) frontage narrowing to 16’ (4.88m) – beyond this are 2 rear ancillary areas of approximately 15’6 x 11’ (4.72m x 3.35m), and 7’3 x 6’ (2.21m x 1.83m), which includes kitchen and WC.
There is basement storage at the unit – approximately 21’ x 10’ (6.40m x 3.05m).
The garage to the rear of the property is leased to the commercial unit.
Business Rates
Lease: 15-year lease, established August 2019 – expires August 2034.
Passing Rent: £16,500 pax.
Review Dates: August 2023 / 2027 & 2031
Business Rates: According to the voa web site, the 2026 Rateable Value is £20,500.
This is not the rates payable. For the actual amount of rates payable, interested parties are advised to make their own enquiries with the Borough of Enfield Council.
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£2,576 per month
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