The subject property is located on the south side of Sterling Way (A406 North Circular Road), approximately 70 metres east of College Close and 105 metres from the main junction with Fore Street (A1010).
The North Middlesex Hospital, which employs around 4,000 staff, is located 500m to the west.
Transport links are excellent. The Great Cambridge Road (A10) lies 1.4 km to the west, with the North-South Route / Meridian Way (A1055) is 1.2 km to the east.
Silver Street Overground Station is approximately 50 metres to the west and provides southbound services on the Weaver Line / London Overground, with journey times of around 7 minutes to Seven Sisters and 27 minutes to London Liverpool Street. Northbound services connect to Enfield Town and Cheshunt. Sterling Way and Fore Street are both key bus routes.
The area is a popular and vibrant local shopping destination, featuring a mix of national and independent retailers, professional service offices, supermarkets, cafés and restaurants. Local occupiers in the immediate vicinity include Costa Coffee, pharmacies, accountants, solicitors, and various health, hair and beauty businesses. A Lidl store is situated 50m east of the property.
Gross internal area 224.16 sq.m. / 2412 sq.ft.
Total income passing p.a.: £51,600
The property is a fully let mid-terraced mixed use building arranged over ground, first and second floors.
The ground floor comprises newly renovated office accommodation, configured to provide a variety of office rooms, WCs, meeting rooms, kitchen and store room. The space is let on a 15 year lease from 22nd December 2025, at an initial rent of £24,000 per annum.
The upper parts comprise two x 1 bedroom flats which are in good condition and produce a current combined rental income of £27,600 per annum. The first floor flat benefits from a rear terrace space.
The total current passing income is £51,600 per annum. Copies of the leases, EPCs and other documents are available to download from our website.
Freehold for sale subject the respective tenancies operating therein. The property is not elected for VAT so VAT will not be payable on the purchase price.
By prior appointment with Gilmartin Ley, telephone 020 8882 0111.
Rateable value: £16,250
Estimated Rates Payable: £7,800 per annum
Service charge: n/a
Local authority: London Borough of Enfield
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