This mixed-use freehold property presents a unique investment opportunity in the heart of Enfield, North London. Currently fully vacant, the property has potential for generating rental income estimated between £52,000 and £55,000 per annum once fully utilized. Located on Baker Street (EN1), it enjoys high foot traffic and convenient access to a variety of amenities including local shops, cafes, schools, and supermarkets. The nearby Palace Gardens Shopping Centre adds to the area's appeal for both residential and commercial prospects.
The ground floor features a versatile open-plan retail space that can accommodate various business types subject to appropriate planning permissions. It also includes two additional rooms suitable for storage or office purposes, along with a WC facility at the rear. Access is facilitated by a dedicated service road for deliveries.
An interesting aspect of this property is the outdoor area which houses a summerhouse or outhouse that holds promising development potential or could be repurposed as additional workspace (subject to planning).
On the first floor, there is a self-contained three-bedroom flat with its own private entrance. This spacious layout includes three sizeable bedrooms, a separate kitchen, living area, bathroom, and WC.
The property’s low flood risk along with its advantageous council tax band B rating further enhance its attractiveness as a long-term investment in a thriving community.
