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Herford Road, Enfield EN3

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Herford Road, Enfield EN3

£550,000

Prime Location in Enfield
Shop and 3 / 4 bedrooms Flat
Commercial and Residential Unit
Development opportunity
Massive shop front

Ground Floor: A1 Shop (Laundry)
Shop Size: 800 sqft approx
Anticipated Rental income of the shop : £18,000pa

3-4 Bedrooms Flat
Ground Floor: Lounge, Open Plan Kitchen
First Floor: 1 Master bedroom, 2 Double Bedrooms, Toilet & Bathroom
Existing Rental income: £14,400pa
Potential for rental income from the flat: £20,000pa
Total anticipated rental income : £18,000+£20,000 = £38,000pa
Rental Yield : 7% approx

Running laundry Business for 35 years
Potential for Loft Conversion into a Studio
Conversion of existing 3 bedrooms into 4 bedrooms Flat
Premium of business around £50,000
No Rates as reported
guide price: £550,000 – £575,000
Viewing strictly by appointment

Enquiry Now
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Description

High Rental Yield with development potential shop and 3 /4 bedrooms flat in Enfield.