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A Mid Terrace Building Arranged to Provide a Lower Ground and Ground Floor Retail Unit (B1/D1 use) and One Bedroom Flat and Two Flats on the Upper Parts (1 x One Bedroom, 1 x Two Bedroom) Part Let Producing £43,200 Per Annum. The Property has an Estimated Rental Value (ERV) of £68,200.
The property comprises a mid terrace building arranged to provide a lower ground and ground floor retail unit, a ground floor flat and two flats on the upper parts.
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Haling Grove Park are within easy reach. Transport links are provided by South Croydon rail station.
Accommodation
Lower Ground Floor Retail Unit Ground Floor Retail Unit One Bedroom Flat First Floor Two Bedroom Flat Second Floor One Bedroom Flat
Exterior
The property benefits from a rear yard. The retail unit benefits from off street parking.
Tenancy
The property is subject to a individual tenancies at a rent of £43,200 per annum. We have been advised that the ground floor retail unit was previously let for £25,000 per annum.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.