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Mixed use end of terrace building

Croydon, CR0 - Get Access

5 bed

Description

The property comprises a mixed use end of terrace building arranged to provide a lower ground and ground floor retail unit and two flats on the upper floors. The retail unit is situated on the lower ground and ground floor and is subject to a lease for a term of 15 years commencing 29th September 2017, producing £15,000 per annum. Flat 1 is located on the first floor, comprising a two-bedroom flat, and is subject to a periodic tenancy from 4th July 2026, producing £16,200 per annum. Flat 2 is located on the second floor, comprising a three-bedroom flat, and is subject to a periodic tenancy from 1st August 2026, producing £19,800 per annum. The total current rent produced is £51,000 per annum. The property is situated on a mixed use road close to local shops and amenities. The open spaces of Lloyd Park are within easy reach. Transport links are provided by West Croydon overground station and rail station.