T 7 and 7a Manor Croft Parade, College Road, , Waltham Cross EN8 9LP

Description Investment Opportunity The investment comprises of a 3-storey freehold building within Manor Croft Parade, which offers a ground floor retail unit currently being utilised as a beauty salon (Advantage ——744ft2 retail space let to Advantage (Cheshunt) Cheshunt Ltd) on a 5-year term from December 2016. The Ltd on a 5-year lease from 2016 upper parts consist of a 3 bedroom split level flat which is accessed from the rear of the parade. The current tenant is ——Split level 3 bedroom flat of approximately paying £21,000p.a on a fully repairing and insuring lease for 800ft2 within the same lease the entire freehold. The ERV equates £28,000p.a. ——Currently producing £21,000p.a Location ——Asset management opportunity The site is located in Cheshunt, Waltham Cross within the ——ERV £28,000p.a Borough of Broxbourne. Cheshunt lies on the outskirts of North London. It was previously a semi-rural town, which ——Prominent town centre location in Cheshunt has seen significant redevelopment in recent years. The ——0.5 miles from Cheshunt Station site is at one end of Cheshunt High Street with its mix of banks, supermarkets, pubs and restaurants. Brookfield ——Freehold Farm shopping centre is a short-drive away, which is home ——Offers in excess of £300,000 to a large Marks & Spencer, Tesco, Boots and various clothing stores. ——Gross initial yield is 7% The vast Lee Valley Park can be accessed from Cheshunt, with its farms, wildlife walks and sports centres, including the Lee Valley White Water Centre, which was part of the 2012 Olympic Games. Paradise Wildlife Park is 10-minutes from the site and is one of the best zoo’s in . Cheshunt has an excellent choice of schools, with a five good primary schools within half a mile of the site.

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01992 660204 [email protected] BaconSam 01992 660204 Location map sold prior. Commercial onthe26thMarch Auction 2019ifnot willplaced Allsop's intheforthcoming The property Buyers note This a7%yieldnetofpurchase willreflect costs. in Offers excess to the existing lease. of£300,000subject Terms Freehold. Tenure

Please note the information provided by Highfield Investments London Limited, trading as Highfield Investments has been given in good faith, however all parties must undertake their own due diligence to satisfy themselves in regards to accuracy. highfield-investments.co.uk +44 (0)1992 660204