Summary - Station Parade, EN4 EN4 0DL
1 bed 1 bath Retail Property (high street)
Fully fitted coffee shop with flat above — ideal for cash investors near Cockfosters station.
Prime high-street frontage, immediate walk-in trading potential
A rare opportunity on Cockfosters Road: a fully fitted, modern coffee shop with a self-contained residential flat above and strong shop frontage. The ground-floor commercial space extends to about 1,063 sq ft and is fitted to a high specification, including a coffee bar, kitchen, CCTV, alarm and stereo sound system — ready for immediate trading.
The property benefits from excellent location credentials: a stones’ throw from Cockfosters Tube Station, heavy local amenity provision and easy M25 access. The residential apartment above currently produces £3,800pcm, adding a steady income stream alongside the commercial turnover potential. Service charge is modest at circa £270pcm and VAT is understood to be not applicable.
Serious caution: the lease has only 15 years remaining and this materially affects mortgageability—many lenders may refuse to lend on this asset. The sale is by assignment of the existing lease; the incoming party will be responsible for the landlord’s legal fees. Also note the area-wide crime level is reported as High, which should be factored into security, insurance and trading risk assessments.
This is most suitable for a cash buyer or an investor comfortable acquiring short-lease commercial property with immediate trading potential and an income-producing flat. Full due diligence is strongly recommended on lease terms, rates liability and lender acceptability before committing.
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