Block of flats for sale in High Street, Potters Bar EN6

Offers in region of £1,295,000
Interested in this property? Call +44 20 8033 5638 * or Request Details

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Block of flats for sale

Tenure:
Freehold
Council tax band:
Not available

Utilities and more details

Property features

  • Balcony
  • Double glazing

Property description

Introducing a rare opportunity to acquire an entire freehold located in a prime position on High Street, Potters Bar. A prime investment opportunity located at 65 High Street, Potters, EN6 5AS. This versatile property offers a unique blend of residential and commercial spaces, ensuring a steady income stream with significant potential for capital growth.

Property Overview:

• Commercial Unit: The ground floor hosts a well-maintained commercial space, currently utilized as a stylish men's clothing store. The shop features ample natural
light, modern fixtures, and a spacious layout, ideal for retail or other commercial uses.
• Residential Units: The upper floors comprise four beautifully presented flats:
- Three 1-Bedroom Apartments: Each flat is designed with a contemporary open-plan layout, featuring modern kitchens, stylish bathrooms, and ample living space. Additionally, the first-floor Apartment benefits from a large balcony.
- One Self-contained studio Apartment: This unit offers a generous living area, separate bedroom, fully equipped kitchen, and modern bathroom.
Interior Features:
• Studios and Apartments: Each flat is thoughtfully designed with high-quality finishes, maximizing space and comfort. The interiors are modern, with neutral decor that appeals to a broad range of tenants.
• Commercial Space: The shop is fitted with high-quality shelving, lighting, and display areas, providing a welcoming and functional retail environment.

Location:

Situated on Potters Bar High Street, this property enjoys excellent visibility and foot traffic, making it an attractive location for businesses. The area is well-served by public transport, with Potters Bar Station nearby, offering easy access to central London and other key destinations. Local amenities include shops, restaurants, and cafes, providing convenience for residents and customers alike.

Investment Highlights:

• Mixed-Use Property: Diversified income stream from both residential and commercial units.
• Prime Location: High street presence ensures ongoing demand for both retail and residential spaces.
• Strong Rental Income: Generates an impressive annual rent of £70,000.
• Future Potential: Opportunity for rental growth and property appreciation.

This property is a rare find, offering a blend of commercial and residential spaces in a sought-after location. It is perfect for investors seeking a solid, long-term investment with immediate rental income.

Price: £1,295,000
Annual Rent: £72,000

For more information or to arrange a viewing, please contact Prosperity Independent Ltd.

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Prosperity Independent, N4 on +44 20 8033 5638 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Prosperity Independent, and do not constitute property particulars. Please contact Prosperity Independent 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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