4-5 Market Chambers Church Street Enfield Greater London EN2 6AA

4-5 Market Chambers
Church Street
Enfield
Greater London
EN2 6AA

Freehold Retail Investment

  • Entirely let to McDonald’s Real Estate LLP until 2025 (no breaks)
  • Substantial property totalling approximately 471.20 sq m (5,064 sq ft) in popular North London location
  • Opposite the major Palace Gardens Shopping Centre
  • Neighbouring occupiers include Maplin, Starbucks, Santander, Morrisons, Waitrose, Foxtons and Caffè Nero
  • Legal Title Report <a href="/media/32026/legal title report v4.pdf" target="_blank" title="Legal Title Report V4">here</a>
  • Lot
    15
  • Auction
    11th December 2014
  • Rent
    £137,000 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Sector
    Restaurant
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On the instructions of a Major Fund
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail Investment

  • Entirely let to McDonald’s Real Estate LLP until 2025 (no breaks)
  • Substantial property totalling approximately 471.20 sq m (5,064 sq ft) in popular North London location
  • Opposite the major Palace Gardens Shopping Centre
  • Neighbouring occupiers include Maplin, Starbucks, Santander, Morrisons, Waitrose, Foxtons and Caffè Nero
  • Legal Title Report <a href="/media/32026/legal title report v4.pdf" target="_blank" title="Legal Title Report V4">here</a>
  • Lot 15
  • Auction 11th December 2014
  • Rent
  • Status Sold Prior
  • Price  
  • Sector
    Restaurant
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On the instructions of a Major Fund

Property Information

Location
Miles
11 Miles north of the City of London
Roads
A110, A10, A406 (North Circular Road), M25
Rail
Enfield Town Railway Station
Air
London Stansted, London City, London Heathrow, London Luton
Situation

The property is situated in a prime position on the north side of the busy Church Street at the junction of Burleigh Way some 50 metres from the main entrance to the major Palace Gardens Shopping Centre. Neighbouring occupiers include Maplin, Starbucks, Santander, Morrisons, Waitrose, Foxtons and Caffè Nero.

Tenure

Freehold.

Location
Miles
11 Miles north of the City of London
Roads
A110, A10, A406 (North Circular Road), M25
Rail
Enfield Town Railway Station
Air
London Stansted, London City, London Heathrow, London Luton
Situation

The property is situated in a prime position on the north side of the busy Church Street at the junction of Burleigh Way some 50 metres from the main entrance to the major Palace Gardens Shopping Centre. Neighbouring occupiers include Maplin, Starbucks, Santander, Morrisons, Waitrose, Foxtons and Caffè Nero.

Tenure

Freehold.

Description

The property comprises restaurant accommodation on the ground floor, dining accommodation and ancillary accommodation on the first floor and further ancillary accommodation on the second floor. The property benefits from rear access.

Legal Title Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises restaurant accommodation on the ground floor, dining accommodation and ancillary accommodation on the first floor and further ancillary accommodation on the second floor. The property benefits from rear access.

Legal Title Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review
Ground
First
Second
Restaurant
Restaurant/Ancillary
Ancillary
190.40 sq m
164.70 sq m
116.10 sq m
(2,049 sq ft)
(1,766 sq ft)
(1,249 sq ft)
MCDONALD’S REAL ESTATE LLP (1) 25 years from 25/03/2000 until 2025 on a full repairing and insuring lease £137,000 25/03/2015
and 5 yearly
Totals  
471.20 sq m
(5,064 sq ft)
    £137,000

(1) For the year ending 31st December 2013, McDonald’s Real Estate LLP reported a turnover of £87,333,000, pre-tax profits of £37,871,000 and a total net worth of £253,129,000. (Source: www.riskdisk.com 11/11/2014)

Property Documents

  • Catalogue Page
    Updated Date
    18.11.14
    File Size
    983 KB
    View PDF
  • Site Plan
    Updated Date
    18.11.14
    File Size
    70 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Olswang LLP 90 High Holborn
London
WC1V 6XX
Simon Kanter 020 7067 3741simon.kanter@olswang.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now