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2 bedroom retail property (high street) for sale

179, High Street, London, SE20

Sold STC 2,300 sq. ft. | £650,000

Property Description

Commercial information

  • 2,300 sq ft (213 sq m)

Key features

  • INVESTMENT OPPORTUNITY
  • FREEHOLD
  • POTENTIAL TO CONVERT PROPERTIES (STPP)
  • CHAIN FREE
  • GROUND FLOOR LOCK UP SHOP
  • TWO X 1 BEDROOM PROPERTIES ABOVE SHOP
  • REAR ACCESS TO FLATS AND SHOP
  • PROMINENT HIGH STREET LOCATION

Full description

Tenure: Freehold

INVESTMENT RETAIL OPPORTUNITY - Lock up shop of the ground floor, with two x much larger than average, 1 bedroom properties located above on the 1st and 2nd floors. Both flats (STPP) can be converted into two bedroom properties in order to increase yields. Viewings by appointment only.

LOCATION
Situated in a prominent position in the centre of the High Street, Penge (A234), between Croydon Road (A213) and Maple Road. Neighbouring multiple occupiers include; H&T, Greggs, 99p Stores, McDonalds, Boots, KFC, Superdrug, Santander, Dominos and The Money Shop. Penge West, Penge East and Kent House mainline-railway and Overground stations are all approximately a 10-minute walk away, providing services into central London, Croydon and Bromley. There are also various buses serving the area located on the High Street.

TENURE
Freehold, of the lock up shop and two flats above the shop. The two flats come with the benefit of professional tenants on Assured Shorthold tenancies, the rental income on 179a and 179b is 750.00 per calendar month (9000.00 per year)
The lock up shop is on a full repairing lease, 20 years commencing April 2008, at a contractual rent of 16,000 per year. Awaiting confirmation if VAT is applicable on the purchase price.

FLATS
See floor plans for internal measurements ans square footage.

IMPORTANT NOTE TO PURCHASERS:

We endeavor to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Energy Performance Certificates (EPCs)

Nearest stations

  • Kent House (0.3 mi)
  • Penge East (0.4 mi)
  • Beckenham Road (0.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Capital Estate Agents, Bromley

55 Beckenham Lane, Bromley, BR2 0DA

020 8012 3753 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Capital Estate Agents, Bromley

55 Beckenham Lane, Bromley, BR2 0DA

020 8012 3753 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Kent House (0.3 mi)
  • Penge East (0.4 mi)
  • Beckenham Road (0.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Capital Estate Agents, Bromley

55 Beckenham Lane, Bromley, BR2 0DA

020 8012 3753 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference highstreetpe823. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Capital Estate Agents, Bromley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.