Dumayne House is situated on the south side of Fox Lane just west of Green Lanes (A105) less than a mile north of the North Circular Road (A406). The M25 (Junction 25) is approximately three and half miles to the north-east
Palmers Green is an affluent North London suburb approximately 6 miles from Central London.
Palmers Green British Rail Station is less than a quarter of a mile to the south with direct service to London Moorgate and access to London Kings Cross via the Piccadilly or Victoria Underground Lines.
Southgate London Underground Station (Piccadilly Line) is approximately 1 mile to the north west.
Dumayne House is a detached high specification office building set over ground, first and second floors built in 1991.
The ground and first floor are subject to a lease to the Department for Business Innovation Skills (Government Department) until December 2016 at a rent of £182,110 per annum exclusive. The tenant has vacated the property but is committed to paying rent until the expiraton of the lease.
Applying the current passing rent per square foot on ground and first floor lettings to the currently vacant second floor, there would be potential to increase rental income to circa £285,000 per annum.
Freehold for sale subject to the tenancies therein or potentially with vacant possession of the whole. The property is elected for VAT.
Rateable value: £202,000
Estimated Rates Payable: £99,586 per annum
Service charge: Not applicable
Local authority: London Borough of Enfield