Retail / Investment / E Use Class
New instruction
MIXED USE FREEHOLD INVESTMENT
- MIXED USE FREEHOLD INVESTMENT
- ANNUAL RENTAL INCOME OF £56,700
MIXED USE FREEHOLD INVESTMENT
GROUND FLOOR RETAIL AND THREE FLATS
HIGHLY VISIBLE RETAIL POSITION
ANNUAL RENTAL INCOME OF £56,700
EPC Rating: D (76)
Location
The property benefits from a prominent position on the A23 situated on the corner of
London Road and Thornton Road.
Thornton Heath Station (Southern Rail) is
located approximately 0.7 miles to the
East, while West Croydon Overground
Station and East Croydon (Thameslink)
are both located to the Southeast.
Nearby retailers include Greggs, KFC and
William Hill. The property is set amongst a
number of other independent businesses.
Accommodation
RETAIL
Ground 81.78 m2 (880 sq. ft)
Basement 23.23 m2 (250.sq. ft)
RESIDENTIAL
Flat 1 45 m2 (484 sq. ft)
Flat 2 42 m2 (452 sq. ft)
Flat 3 67 m2 (721 sq. ft)
Rates
2023 Rateable Value: £18,750
For confirmation of rates payable, please
contact the business rates department of
The London Borough of Croydon.
Availability
Immediate
Terms
OFFERS INVITED IN THE REGION OF £900,000
Lease
Retail
Ground/Basement £22,500 pa
Residential
Assured Shorthold Tenancies are held upon the residential upper floors at following
rents;
Flat 1 £12,000 pa
Flat 2 £10,800 pa
Flat 3 £11,400 pa