Retail Property (high street) for sale

Lower Addiscombe Road, Croydon, Surrey, CR0

POA

Property Description

Commercial information

  • Business for sale
  • Use class orders: A1 Shops

Key features

  • Freehold Shop
  • Well Established and Successful Business for sale

Full description

FREEHOLD SHOP
AND LAUNDERETTE BUSINESS
FOR SALE

Location:
The property is situated on the south side of Lower Addiscombe Road within easy walking distance of the Addiscombe Tramlink. This is a busy thoroughfare with good public transport facilities and short term metered parking available immediately outside the property.

The parade consists of a number of multiple and independent retailers that include Sainsburys Local, Boots and Greggs.

Description/Accommodation:
The accommodation consists of a good sized open plan retail unit with plant room/ancillary area to the rear.

The net internal areas are as follows:
Retail/Sales 47.66 sq m (513 sq ft)
Plant Room/Ancillary: 25.93 sq m (279 sq ft)
Total: 73.59 sq m (792 sq ft)

The Business:
This is a well established and successful business that has been operating from this location for over 30 years and is available due to the planned retirement of the current owners. Offers are sought in excess of £40,000 for the goodwill, fixtures/fittings and all equipment, plus VAT (if applicable).

Terms:
The freehold interest is available for sale in the sum of £265,000 plus VAT (if applicable), Subject to Contract.

Business Rates:
According to the Government website the property has a Rateable Value of £12,500. The UBR for 2018/19 is 48.0p in the £.

Legal costs:
Each party to be responsible for their own legal costs.

Energy Performance Certificate:
Full information available upon request.


More information from this agent

Nearest stations

  • Addiscombe (0.1 mi)
  • Blackhorse Lane (0.2 mi)
  • Woodside (0.5 mi)
Distances are straight line measurements from centre of postcode

Map & Street View

Nearest stations

  • Addiscombe (0.1 mi)
  • Blackhorse Lane (0.2 mi)
  • Woodside (0.5 mi)
Distances are straight line measurements from centre of postcode

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