Commercial Investment With Flat Above, 403 Sydenham Road, Croydon, CR0 2EH
1,162 Sq Ft / Retail / Investment
For Sale
- £400,000.00
Available - Last updated: 17 October 2023
The property comprises a commercial shop on the ground floor and a two bedroom flat above.
The ground floor commercial unit is used as a kebab shop with a size of 41sqm. The two bedroom flat above is set over two floors and has a separate entrance, it measures 67sqm.
There is a commercial lease in place at £12,000 per annum for both commercial and flat above, however, it expired in 2019 and was on a rolling base since then.
There is an opportunity to renegotiate the lease and add value.
There also might be some potential to extend the building to the side and at the back subject to planning.
Location
The property is located in Selhurst off the main road, with many amenities and transport links nearby.
Accommodation
Size - 1,162 sq ft
Terms
Tenure - Freehold
Price - £400,000
Vat - Not applicable
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£400,000.00
| NA |
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