Substantial mixed-use building with redevelopment upside close to transport links.
Freehold light industrial building with vacant possession
A substantial mid-20th-century light industrial building on Garnault Road offered as a freehold with vacant possession. The property currently operates as storage/warehouse space with an attached self-contained flat and comes with on-site front courtyard parking. It sits in an affluent commuter area with fast broadband, excellent mobile signal and good local schools; Enfield Town and Turkey Street stations are about 1.5 miles away.
The building presents clear investor and owner-occupier potential: current market rental evidence suggests circa £55,000 per annum, and the site is identified as suitable for alternative commercial uses (gym, education centre, office/warehouse) or residential redevelopment subject to obtaining necessary planning permission. The 3,000 sq ft internal area gives scope for reconfiguration or refurbishment to add value.
Buyers should note material drawbacks: the property appears neglected and dated, requiring modernization and likely repair work; conversion to residential use would require a formal planning application and approvals. The plot is described as small despite the large internal area, which may limit extension options. Interested parties should factor refurbishment costs and planning uncertainty into purchase plans.
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