Commercial Property for sale in Sun Street, Waltham Abbey, Essex

Commercial Property - £1,000,000

Sun Street, Waltham Abbey, Essex

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First listed on: 08th July 2021

Nearest stations: Waltham Cross (1.1 mi)Cheshunt (1.5 mi)Theobalds Grove (1.6 mi)Enfield Lock (1.7 mi)Turkey Street (2.3 mi)

Interested in this property? Call See phone number 01992653132

Further Informations

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Property Features

  • Mixed Use
  • Asset Management Investment
  • Long Term Commercial Tenants
  • Planning Permission For New One Bedroom Flat
  • Excellent Location

Property Description

An exciting opportunity to purchase an excellent asset management investment, situated on a busy high street in the affluent market town of Waltham Abbey.

There are three commercial properties, currently used as a hairdressers, a beautician and an office. There are two, two bedroom apartments. In addition, there is planning permission to build a further one bedroom apartment.

Breakdown of Current Rents:

Shop A - ?8,000
Shop B - ?7,100
Shop C - ?7,500

Flat D - ?750 PM
Flat E - ?875 PM
Flat F - ?725 PM
Flat G - ?850 PM

Our knowledge of the local market shows that all the elements are under let, and in our opinion the correct rental values should be:

Shop A - ?10,000
Shop B - ?9500
Shop C - ?8500 - ?9000

Flat D - ?900 - ?950 PM
Flat E - ?1000 - ?1100 PM
Flat F - ?900 - ?950 PM
Flat G - ?1000 - 1100 PM

An exciting opportunity to purchase an excellent asset management investment, situated on a busy high street in the affluent market town of Waltham Abbey.

There are three commercial properties, currently used as a hairdressers, a beautician and an office. There are two, two bedroom apartments. In addition, there is planning permission to build a further one bedroom apartment.

Breakdown of Current Rents:

Shop A - ?8,000
Shop B - ?7,100
Shop C - ?7,500

Flat D - ?750 PM
Flat E - ?875 PM
Flat F - ?725 PM
Flat G - ?850 PM

Our knowledge of the local market shows that all the elements are under let, and in our opinion the correct rental values should be:

Shop A - ?10,000
Shop B - ?9500
Shop C - ?8500 - ?9000

Flat D - ?900 - ?950 PM
Flat E - ?1000 - ?1100 PM
Flat F - ?900 - ?950 PM
Flat G - ?1000 - 1100 PM

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Price History

Listed prices are those submitted to us and may not reflect the actual selling price of this property.

Date History Details
09/07/2021 Property listed at £1,000,000

Disclaimer

Disclaimer Property reference VE_30792271. Details are provided and maintained by Duncan Phillips Ltd. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by

Suite 1, Elmhurst 98-106 High Road

South Woodford

London

E18 2QH

Telephone: See phone number 01992653132

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Disclaimer

Disclaimer Property reference VE_30792271. Details are provided and maintained by Duncan Phillips Ltd. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by

Suite 1, Elmhurst 98-106 High Road

South Woodford

London

E18 2QH

Telephone: See phone number 01992653132

Arrange Viewing Arrange Viewing with Agent Check Affordability Check Affordability

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