Enterprise Rent-A-Car, 8 Jute Lane, Essex, EN3 7PJ
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Freehold commercial investment
- Let to Enterprise Rent-A-Car (1)
- Previously additional income was derived from advertising hoardings
- Prominent main road frontage
- Future development potential (subject to consents)
- Producing £50,000 per annum (1) (2)
- On the instructions of James Liddiment and Paul Greenhalgh of Kroll Advisory acting as Joint LPA Receivers
- Online Auction on Thursday, 25 July 2024
Description
An irregular shaped site totalling approximately 0.12 hectares (0.30 acres). The site contains a single storey building totalling approximately 69.70 sq m (750 sq ft) as well as a car wash. The remainder of the site is used as car parking/vehicle storage and previoulsy there were three advertising hoardings on the site that provided an additional £10,000 per annum income.
The site may offer future development potential, sibject to obtaining the necessary consents. Prospective pruchasers are advised to make their own enquiries in this regard.
Location:
Enfield lies approximately 10 miles north of Central London and can be accessed via the A10 and A1055, with the former linking with the M25 motorway at junction 25 to the north. The area is well served by public transport with overland rail services provided at Brimsdown, Ponders End and Enfield Chase railway stations and underground services at Bush Hill Park and Southbury underground stations. In additon numerous bus routes serve the area and London Luton Airport lies approximately 32 miles to the north west.
Jute Lane runs south from Green Street at its juncton with Mollison Avenue (A1055) to the east of Enfield town centre. The property commands a prominent corner position fronting Mollison Avenue on its west side. Notable nearby occupiers include McDonalds, DHL, Matalan and Toolstation.
Tenancy:
The tenant trades from in excess of 430 locatons across the UK and for the year ending 31/07/2022 reported a turnover of £1.34 billion, a pre-tax profit of £206.66 million and shareholders funds of £469.22 million (source: Companies House).
Online Auction on Thursday, 25 July 2024. For further information, such as legal documents and property information, please visit bidx1.com.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Enterprise Rent-A-Car, 8 Jute Lane, Essex, EN3 7PJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Brimsdown Station0.0 miles
- Ponders End Station0.9 miles
- Southbury Station1.1 miles
About the agent
BidX1 Commercial, London
11-12 Hanover Square London W1S 1JJ
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 98791. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BidX1 Commercial, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call BidX1 Commercial, London on 020 3909 9740.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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