Shop for saleWoodville Road, Thornton Heath, Surrey, CR7
Sold STC 353 sq. ft. | £310,000
- 353 sq ft (32 sq m)
- Use class orders: A5 Hot Food Take away
- For sale as an Investment
- Existing Tenants
FREEHOLD INVESTMENT FOR SALE
A5 TAKEAWAY PREMISES WITH RESIDENTIAL UPPERS
The property is located to the western end of the High Street in Thornton Heath, surrounded by a mix of local and national retailers, such as Costcutter, William Hill, Tesco and Paddy Power.
The property comprises a ground floor retail area with a kitchen to the rear and residential accommodation above comprising lounge/Bedroom, kitchen and bathroom/wc on the first floor, and two further rooms on the second floor.
We have not had sight of the lease but understand that the lease is for term of 15 years from the 25th December 1991 at a rent of £10,000 per annum and that the Tenant is currently holding over. We further understand that the residential accommodation is sub-let by the existing lessee with a Licence on a monthly basis.
The freehold interest is for sale at £310,000 plus VAT (if applicable) Subject to Contract and the existing Lease/Tenancies
According to the Government website the Rateable Value is £3,350. With effect from 1st April 2016 the UBR for 2016/7 is 48.4p in the £.
Each party to be responsible for their own legal costs.
Energy Performance Certificate:
Full information available upon request.
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