Shop for sale

Chipstead Valley Road

£365,000

Property Description

Commercial information

  • Use class orders: A1 Shops

Key features

  • Great investment opportunity
  • Freehold
  • Retail Unit with Tenant in situ
  • Rental income

Full description

Tenure: Freehold

Retail Unit; A1 & Sui Generis usage. Commercial, glass fronted shop, with secure electric roller shutters.
Located in an ideal location in a parade of shops such as Londis, an italian cafe, hairdressers, bike shop, petrol garage, bakery and chemist.
Less than 5 mins walk from Woodmansterne train station and directly outside is a bus stop. There is also free parking available on the roads surrounding.
Access to the motorway system is 5 minutes drive away, via the M23 at Hooley to the south just before it intersects with the M25 at junction 7.
Description/Accomodation
The property comprises a retail shop on ground floor with a glass frontage, kitchette and WC to the rear. - recently refurbished to suit business of a beauty salon.

Sold with tenant in situ on a 5 year lease, annual rental income of £10,400. Great returns on your investment with immediate income.

1 Bedroom flat, utility room, bathroom, 1 double bedroom, open plan kitchen and living room with raised dining area. Patio garden. Double glazed with electric heating.
Sold as vacant or potentially with tenant in situ. Has been let out for £225pw on a long- let.

Purchase of the freehold for the whole building. Collecting ground rent of £120 per annum from top floor maisonette on a long lease - 115 years
Potential to let out the flat or re-sell as a separate with a new lease.





More information from this agent

Nearest stations

  • Woodmansterne (0.1 mi)
  • Coulsdon South (0.6 mi)
  • Coulsdon Town (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hallways Estates, Croydon

Coulsdon, Surrey, CR5 2JF

020 8012 1479 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

  • Woodmansterne (0.1 mi)
  • Coulsdon South (0.6 mi)
  • Coulsdon Town (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hallways Estates, Croydon

Coulsdon, Surrey, CR5 2JF

020 8012 1479 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.

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