69 Anerley Road, London, SE19
£450.00 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
400 sq ft
37 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: Class E
E
Key features
- Comprises two ground floor shops and four residential flats (sold-off)
- Potential to increase income by letting out advertising space at the front
- Unit 1 tenant refurbished the property in 2019. Café rated 4.8/5 Stars on Google
- Unit 2 tenant has been in occupation for more than 10 years
Description
Gross Initial Yield: 7.98%
Rental Income: £14,360 p.a.
VAT is NOT applicable to this property
Comprises two ground floor shops and four residential flats (sold-off)
Potential to increase income by letting out advertising space at the front
Unit 1 tenant refurbished the property in 2019. Café rated 4.8/5 Stars on Google
Unit 2 tenant has been in occupation for more than 10 years
Located within short walk to Crystal Palace Train Station and Crystal Palace Park.
Property Description:
The property comprises 2 x Retail Units and Vacant Advertising Board at Ground Floor and 4 Residential Flats which have been sold-off on long leaseholds, providing the following accommodation and dimensions:
Ground Floor: 37 sq m (400 sq ft)
Retail Unit A: Café - 20 sq m (220 sq ft)
Retail Unit B: Shop - 17 sq m (180 sq ft)
Basement: Residential Flat (Sold-Off)
First Floor: Residential Flat (Sold-Off)
Second Floor: Residential Flat (Sold-Off)
Third Floor: Residential Flat (Sold-Off)
Tenancy:
Unit A is at present let to an Individual t/a Mozart London Café for a term of 5 Years from 25th November 2019 at a current rent of £8,400 per annum and the lease contains full repairing and insuring covenants. Deposit held of £2,800.
Unit B is at present let to Frozen Water for a term of 3 Years from 15th May 2019 (Holding Over) at a current rent of £5,160 per annum and the lease contains full repairing and insuring covenants.
All 4 Residential Flats have been sold-off on long leaseholds for a term of 125 Years from 24th June 2004 at a ground rent of £200 p.a. each. (£800 p.a. in total). Reversion 2129.
Location:
Crystal Palace is located just north of Croydon and approximately 6 miles south-east of central London, benefitting from good transport links via Crystal Palace Mainline Station being just a few hundred yards away. The property occupies a busy trading position near the junction with Hamlet Road within this well established shopping parade near a Tesco Express and a variety of local traders as well as being just a short walk from the open spaces at Crystal Palace Park.
Brochures
69 Anerley Road, London, SE19
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Crystal Palace Station0.1 miles
- Anerley Station0.4 miles
- Penge West Station0.5 miles
About Blue Alpine, London
54 Welbeck Street, London W1G 9XS
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a
Notes
Disclaimer - Property reference anerley. 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 Blue Alpine, London. 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.