Description
The existing demise has been formally used as ancillary storage space for the ground floor commercial unit, which fronts Hertford Road. The proposal seeks the redevelopment of the rear of the site to convert the ancillary buildings and courtyard area to provide 5 residential units, comprising 1 x 1-bed, 3 x 2-beds and 1 x 3-bed. Greggs and the single residential unit above 638 Hertford Road will be retained by the existing owner and continue to operate as in the current situation.
Location
The site is located on the Hertford Road and fronts Turkey Street in the Freezy Water area of Enfield within the London Borough of Enfield, North London. The property is in close proximity to a number of large multiples such as Cineworld, B&Q, Next, Morrisons and TGI Fridays to name a few. Enfield town centre is a short drive from the site, with many shops and cafes including Marks & Spencer, Waitrose and Pearsons Department Store.
The site is within 0.2 miles to Ark John Keats Academy Primary and Secondary Schools, rated as outstanding by Ofsted.
Transport
Turkey Street Station (0.3 miles) to the west of the site, is on the Overground network on the route between Cheshunt and London Liverpool Street. Enfield Lock Station (0.6 miles) is within walking distance to the east of the site and provides services between London Liverpool Street and Hertford East and also Bishops Stortford and Stratford.
The M25 and the A10 Great Cambridge Road is directly accessible from the site.
Planning permission
Planning permission was granted on the 30th June 2017 under the application number 16/05917/FUL for the redevelopment of site and erection of part 2-storey, part 3-storey block of 5 flats comprising 1 x 1 bed, 3 x 2 bed and 1 x 3 bed together with balconies, associated landscaping and amenity space.
Access
Access is to be made strictly by appointment only with sole agents Highfield Investments.
VAT
We have been advised that VAT is applicable.
Tenure
Freehold.
Additional Information
Planning and other related documents will be sent in the form of an information pack that can be requested from a member of the Highfield team.
Financial Contributions
The property is liable for an Enfield CIL charge of approximately £17,351.82, however, this figure is currently being appealed for a reduction.
Terms
We are inviting offers in excess of £650,000 for the freehold interest.
