250 Baker Street Enfield London EN1 3LD

250 Baker Street
Enfield
London
EN1 3LD

Freehold Supported Living Investment

Let to Dedicated Housing Limited until 2045 (no breaks)
Annual rental increases in line with Consumer Price Index
Held in a Single Purpose Vehicle (SPV) available under separate negotiation
Nearby occupiers include Greggs, Domino's Pizza, Co-op Food and Sainsbury's Local.

Lot
11
Auction
21st May 2020
Rent
£85,800 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Live Streamed Auction

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Freehold Supported Living Investment

Let to Dedicated Housing Limited until 2045 (no breaks)
Annual rental increases in line with Consumer Price Index
Held in a Single Purpose Vehicle (SPV) available under separate negotiation
Nearby occupiers include Greggs, Domino's Pizza, Co-op Food and Sainsbury's Local.

Lot 11
Auction 21st May 2020
Rent £85,800 per Annum Exclusive
Status Withdrawn Post
Price
Sector
Medical Centre/Doctors, Healthcare
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 12 miles north of Central London
Roads: A10, A110, M25 (Junction 25)
Rail: Enfield Town Overground (approximately 34 mins to London Liverpool Street)
Air: London City Airport, London Stansted Airport

Situation

The property is situated in a predominantly residential suburb less than 1 mile north of Enfield Town Centre. Nearby occupiers include Greggs, Domino's Pizza, Co-op Food and Sainsbury's Local.

Tenure

Freehold.

Location

Miles: 12 miles north of Central London
Roads: A10, A110, M25 (Junction 25)
Rail: Enfield Town Overground (approximately 34 mins to London Liverpool Street)
Air: London City Airport, London Stansted Airport

Situation

The property is situated in a predominantly residential suburb less than 1 mile north of Enfield Town Centre. Nearby occupiers include Greggs, Domino's Pizza, Co-op Food and Sainsbury's Local.

Tenure

Freehold.

Description

The property is a substantial specialist supported living home arranged over ground, first and second floors, comprising 6 bedrooms, each with an ensuite bathroom. The property benefits from a garden at the front and rear.

VAT

VAT is not applicable to this lot.

Viewings

Please be mindful that the property is occupied by vulnerable persons. We ask that interested parties do not attempt to view the property without an appointment arranged by the auctioneers.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk

Description

VAT

VAT is not applicable to this lot.

Viewings

Please be mindful that the property is occupied by vulnerable persons. We ask that interested parties do not attempt to view the property without an appointment arranged by the auctioneers.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews/ (Reversion)
Ground, First and Second	6 Bedroom House	93 sq m	(1,001 sq ft)	DEDICATED HOUSING LIMITED (1)	25 years from 06/01/2020 on a full repairing and insuring lease	£85,800	Annually Linked to CPI (2) (05/01/2045)
Total		93 sq m	(1,001 sq ft)			£85,800

(1) Dedicated Housing Limited (CRN 09053192) was incorporated on the 22nd May 2014 and is rated as "Very low risk" on SmartSearch, (Source: SmartSearch 24/04/2020). Dedicated Housing Limited, operating as Dedicated Housing, is a charity registered with the Charity Commission of England and Wales under number 1160249
(2) The lease provides for annual Consumer Price Index (CPI) linked rent reviews.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.