Summary - 7A CAMBRIDGE PARADE, GREAT CAMBRIDGE ROAD EN1 4JU
1 bed 1 bath Commercial Property
Ready-income parade unit with refurbishment upside close to main road links.
Large mixed-use freehold: ground-floor retail plus first-floor maisonette
This substantial mid-20th-century mixed-use freehold offers a large ground-floor retail unit with rear storage and a first-floor maisonette let through a guaranteed rent scheme. The location on Cambridge Parade, Great Cambridge Road (A10), provides strong passing trade and easy road links to the M25, with Turkey Street station roughly one mile away for fast commutes to central London.
The building is robustly constructed in solid brick with double glazing and gas-fed heating in the residential element. The commercial unit is currently occupied by a double-glazing retailer and benefits from a service road to the rear for deliveries and off-street parking along the parade — useful for both tenants and customers.
Buyers should note material considerations: the immediate area is classified as deprived with high local crime rates, and parts of the property show age-related wear and require updating. The commercial units reportedly have no mains gas, and the building’s walls are assumed to be uninsulated, implying potential energy-efficiency improvements are needed. Tenure details for the freehold offer are to be confirmed and the sale is subject to existing occupational tenancies.
For investors this presents a ready income stream and turn-key retail occupation on a busy trunk road; for an owner-occupier or developer there is obvious potential to increase value through refurbishment, energy upgrades and re-letting under revised terms. Planning enquiries should be made with the London Borough of Enfield to confirm alternative Use Class E opportunities.
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