Office for sale in Gladbeck Way, Enfield EN2

Offers over £2,000,000 (£220.41/sq. ft)
Interested in this property? Call +44 20 3007 0694 * or Request Details

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Office for sale

9,074 sq. ft*

Property features

  • Total net internal area (NIA): 703.5 sqm (7,572 sqft)
  • Total gross internal area (gia): 843 sqm (9,074 sqft)
  • The entire building is let on an Fri lease until 28th September 2027
  • The tenant has exercised the break
  • The existing lease will end on 29th September 2024
  • The current rent is £114,000 per annum
  • The building may be suitable for conversion to residential use
  • The property is a 2-minute walk from Enfield Chase Overground Station
  • For sale freehold with vacant possession

Property description

The property is located approximately a quarter of a mile west of Enfield Town Centre, which offers a wide range of shopping and hospitality amenities. Enfield Chase Overground Station and a Little Waitrose are within 100 meters.

The property is self-contained, featuring attractive brick elevations, and offers accommodation over the ground and three upper floors, extending to 703.5 sqm (7,572 sqft) NIA and 843 sqm (9,074 sqft) gia.

The property benefits from a passenger lift servicing all floors and 21 designated parking spaces in the adjoining car park.

The entire building is let on an Fri lease until 28th September 2027 at a rent of £114,000 per annum. The tenant has exercised a break option under the lease, which will take effect on 29th September 2024.

As offices, the premises have a current erv in the region of £150,000 per annum.

There is potential to convert the existing office building into residential units and add more floors, subject to obtaining all necessary consents. The property could also lend itself to alternative uses, such as medical or educational.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
GLPG, W1H on +44 20 3007 0694 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by GLPG, and do not constitute property particulars. Please contact GLPG for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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