85 Eleanor Cross Road, Waltham Cross En8 7Fe

INVESTMENT OPPORTUNITY FOR SALE

85 ELEANOR CROSS ROAD, WALTHAM CROSS EN8 7FE

SUMMARY LOCATION

• Single-storey A1/D1 hair salon and training centre extending to The property occupies a prominent corner location on the junction approximately 1,298ft2 producing £18,000 per annum until 2023 of Eleanor Cross Road and York Road, within the Borough of Broxbourne in Hertfordshire. The immediate location comprises • Potential for residential development subject to obtaining the mainly residential uses with Waltham Cross High Street located necessary planning permission approximately 0.3 miles from the property. • Sought-after location positioned approximately 0.1 miles from Waltham Cross Station Waltham Cross Rail Station is located approximately 0.1 miles from the property and offers direct services into Central London (London • Offers invited in the region of £450,000 freehold Liverpool Street) in under 30 minutes.

DESCRIPTION

The property comprises of a detached single-storey A1/D1 commercial unit extending to approximately 1,298ft2 situated on a site of 0.05 acres.

Accessed via both York Road and Eleanor Road the property benefits from 2 off-street parking spaces.

The property offers potential for comprehensive redevelopment by way of either a fully residential or mixed-use scheme, subject to obtaining the necessary consents.

www.kingsbury-consultants.co.uk INVESTMENT OPPORTUNITY FOR SALE

TENANCY TENURE

The property is let to Salon Graduates on a 10-year FRI lease from The property will be sold freehold and subject to the existing tenant remaining in-situ. 3rd December 2013 (expiring 4th December 2023) at a current rent of £18,000 per annum. The lease is subject to a tenant-only break- TERMS clause in the fifth year (5th December 2018). The lease falls outside the provisions of the Landlord and Tenant Act 1954. Offers are invited in the region of £450,000 freehold. VAT

We understand the property is not elected for VAT. ADDITIONAL INFORMATION

Further information including approved planning documents can be found in our dataroom using the password ‘Waltham’. CONTACT

To discuss any aspect of this property or the disposal process, please contact the Seller’s sole agents:

Jordan Oldfield– 020 7183 2529 [email protected]

Reece Gordon – 020 7183 2529 [email protected]

Kingsbury 1st Floor, 81 Alie Street, London E1 8NH

Kingsbury on their own behalf and on behalf of the Owner / Landlord of this property whose agents, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in England No: 06869268.