Summary - 23 GARNAULT ROAD ENFIELD EN1 4TS
2 bed 1 bath Commercial Property
Freehold property with strong rental potential and versatile commercial space.
- Freehold detached mixed-use building with vacant possession
- Warehouse c.600 sq ft; offices c.1,600 sq ft
- 2-bed split-level flat included; residential income potential
- Canopy (~315 sq ft) and hard-surfaced fenced land (~405 sq ft)
- Three off-street parking spaces to the front
- Multiple historic planning permissions recorded on file
- Requires updating and renovation throughout; visible wear
- Estimated rental income in excess of £60,000 (approx. 8.35% yield)
A freehold, mixed-use opportunity in desirable Forty Hill, offered with vacant possession and immediate repositioning potential. The site comprises a c.600 sq ft warehouse, c.1,600 sq ft rear offices, a canopy and hard-surfaced fenced land, three front parking spaces and a 2-bedroom split-level flat. Current information estimates total potential rental income in excess of £60,000, giving an approximate gross yield of 8.35% at the asking price.
The building is mid-20th century with a brick façade, roll-up garage door and standard ceiling heights. Several historical planning decisions relate to commercial and residential uses (dance studio, beauty treatment rooms, coffee shop, conversion to a 2-bed maisonette), which supports flexibility for a range of uses — warehouse, retail, office, leisure or gymnasium. The property sits in a commuter neighbourhood with good broadband and excellent mobile signal, close to several well-rated schools.
Important practical points: the premises need updating and renovation in places; external areas and some interiors show wear and will require investment to reach trade-ready standard. Crime and area deprivation are average and council tax is moderate. Buyers should budget for refurbishment costs and confirm current statutory approvals before committing.
This asset will suit investors or owner-occupiers seeking an adaptable freehold with parking, residential income, and clear scope to increase value through refurbishment or relet strategies.
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