£680,000
Retail premises for saleBurford Street, Hoddesdon EN11
Chain free
About this property
Shop and 2 x 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
Detailed Description
An investment opportunity in Hoddesdon Town Centre consisting of two flats and a shop
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 Vape Vendor
- 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:</u>
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 :</u>
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 a Vape retail unit, (Please note we have no involvement in the current leasing of the commercial space ) - 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:
Money laundering regulations
Hmrc is a supervisory body for money laundering regulations, of which all estate agents need to be registered with. As part of this, there are multiple requirements that agents must rigorously and consistently meet to ensure they stay compliant with the regulations and protect their clients. To do this, we use an electronic identity verification service, approved by the Government as part of the Digital Identity and Attributes Trust Framework (diatf).
This method and the process we follow to ensure compliance for your transaction come with significant time, financial and legal implications hence a portion of this is passed on to our clients. We elected for the electronic verification process due to the speed, certainty, and accuracy it delivers. This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with hmrc.
1. 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.
An investment opportunity in Hoddesdon Town Centre consisting of two flats and a shop
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 Vape Vendor
- 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:</u>
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 :</u>
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 a Vape retail unit, (Please note we have no involvement in the current leasing of the commercial space ) - 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:
Money laundering regulations
Hmrc is a supervisory body for money laundering regulations, of which all estate agents need to be registered with. As part of this, there are multiple requirements that agents must rigorously and consistently meet to ensure they stay compliant with the regulations and protect their clients. To do this, we use an electronic identity verification service, approved by the Government as part of the Digital Identity and Attributes Trust Framework (diatf).
This method and the process we follow to ensure compliance for your transaction come with significant time, financial and legal implications hence a portion of this is passed on to our clients. We elected for the electronic verification process due to the speed, certainty, and accuracy it delivers. This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with hmrc.
1. 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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