Enfield Council has raised over £1.5m after a number of properties recently went under the hammer at auction.
The first property, (scheduled for completion on the 18th August 2016) will raise £820,000, and is in Whitefields Road, Cheshunt(Photo below). It comprised four retail / residential units plus a former small council depot. The buildings, which were owned by Enfield Council, had been vacant for some time.
The Front Lodge in Trent Park, Cockfosters (Photo above) has also sold, raising £687,500. The Lodge dates from the late 1890’s and is built in the Tudor Revival style, the building originally functioned as a gate house to the main mansion and is listed Grade II.
Enfield Council’s Cabinet Member for Finance & Efficiency, Cllr Dino Lemonides, said “It is good news to hear that by selling our unwanted and unused assets we have raised £1.5m.
“The rationalisation of our estate is vital to generate much needed funding, this is a phenomenal achievement.”
Enfield Council: Sale of sites brings in cash
