Description

The existing property is a detached two storey yellow brick building, which is currently utilised as 4 x 1 bedroom flats with rear car park. The property benefits from planning permission with extensions to create a further 3 x 1 bedroom flats. The existing flats are currently fully let producing an annual income in the region of £29,100 per annum.

Location

The property is situated in Waltham Cross, the most southerly town in Hertfordshire and borders the London Borough of Enfield. The town centre includes a pedestrianised high street with a mix of chain stores, independent shops and banks; a covered shopping mall and a local market, which is held every Wednesday and Friday.

Transport

The property is located within close proximity of Waltham Cross mainline station with fast trains to London Liverpool Street taking approximately 27 minutes. Waltham Cross Bus Station serves as a main terminus and starting point for buses to Central London and Hertfordshire.

Planning permission

Planning permission was granted on the 22nd October 2012 by Broxbourne Borough Council under reference 07/11/0545 for an extension to the existing building at first floor level and addition of a new second floor to create a further three new one bedroom flats.

Viewings

Strictly by appointment only.

Further information

Copies of the existing and proposed planning drawings, decision notice and Section 106 agreement are available upon request.

Terms

Offers are invited in excess of £475,000 Subject to Contract for the freehold interest.