Mixed use for sale
Property description & features
- Shop and flats above
- Lock up commercial /retail unit currently trading as a Polish Deli
- One bedroom 1st floor flat
- Two bedroom 1st floor
- Possibility of further conversion
- Chain free
- Mixed use opportunity
- No photos held of the one bedroom flat
- A site in Hoddesdon Town Centre
VIA Properties are pleased to offer the investment market a superb mixed-use investment opportunity situated in Hoddesdon Town centre.
The opportunity consists of the following: :
- Lock up retail / commercial unit/ shop on Burford Street - currently trading as a Polish Deli
- One bedroom first flat (owner occupied)
- Two bedroom first floor flat currently let as holiday letting
Parking and communal area to rear
Sold on a long lease
The flats will be sold with vacant possession
Commercial unit sold with tenant is situ
Holiday letting :
Good opportunity for self-managed investment if continuing to let the units on holiday let basis or as a serviced accommodation basis / Air BNB
Income the past year has been
2 bed flat. £24,000 PA
Shop. £24,000 PA
Please note that no income is produced on the one bedroom flat as the owner uses this for their own purposes.
The residential aspect:
Two Bedroom Flat - first floor:
Large hallway and entrance area,
private terrace
modern kitchen and living area
refitted shower room with sky light
two double bedrooms
One bedroom flat - first floor :
Living kitchen area
Double bedroom
Shower room WC
Gross internal floor areas (apartments):
One bed flat - 33 m2/ 356 sq ft
Two bed flat - 58 m2/ 624 sq ft
Plus terrace and communal area
The Commercial aspect
Lock up commercial unit currently operating as an established Polish deli - with own front door and frontage on Burford Street
Produces an income of £24,000 per annum.
Gross internal floor areas(shop):
79 m2/ 850 sq ft
Terms
Long lease
No VAT due on the building
The Location:
Burford Street is situated within the heart of Hoddesdon Towne centre
The site is at the back of Burford Street ( Town centre end) and can be access accessed from Bell Lane (next to the Bell Public Inn)
Offers
The vendors are not bound to accept the highest or any offer and reserves the right to enter into negotiation with any party.
Legal Costs
Each party will be responsible for their own legal costs incurred in the transaction. The buyer will be liable for any stamp duty and tax that may fall due as a result of a purchase.
Ground rent & service charge
NA
Viewing and further information
Viewing strictly by prior appointment - please note access depends if the holiday lettings are occupied or not
The local authority is Borough of Broxbourne
Visit us or email us at:
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1. MONEY LAUNDERING REGULATIONS - Intending purchasers and tenants will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing a purchase or let
2: These particulars do not constitute part or all of an offer or contract or tenancy.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers and tenants are advised to recheck the measurements before committing to any expense.
5: VIA Properties Ltd have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: VIA Properties Ltd has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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Property reference VIAPR_001686. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Via Properties - Hoddesdon.
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Broadband availability and predicted speed: obtained from Ofcom on January 5, 2022
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 5, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
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Energy Performance data and Internal floor area
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