Auction House London

Lot 22

Land - Commercial Property 

22 College Road

Cheshunt, Waltham Cross, Hertfordshire, EN8 9NS

Unsold, please refer to Auctioneer

A Substantial Redevelopment Site Measuring Approximately 721 sq m (7,760sq ft) Comprising a Single Storey Detached Building Currently Operating as a Car Wash Subject to a Commercial Lease Producing £55,200 + VAT Per Annum. Offered with Potential for Residential Development (Subject to Obtaining any Relevant Consents)

Description

The plot comprises a predominantly rectangular shaped site measuring approximately 721 sq m (7,760sq ft) with a single storey detached building measuring approximately 430 sq m. The site has direct access from College Road.

Tenure

Freehold

Location

The property occupies a prominent position on College Road in Waltham Cross close to local shops and amenities. The open spaces of Elm Arches are within close proximity. Transport links are provided by Cheshunt overground station.

Tenancy

The property is subject to a commercial lease for a term of 10 years commencing 1st January 2020 at a rent of £5,186.66 per calendar month.

Current Rent Reserved

Current Rent Reserved £55,200 + VAT Per Annum

VAT

VAT is applicable

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Download Legal PackView Details as PDFView VideoEnquire NowRegister to Bid
Open Site - Video Walkthrough Available For all enquiries, please contact Puja Rawal at puja@auctionhouselondon.co.uk
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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