
Lower Addiscombe Road, Croydon
- PROPERTY TYPE
Land
- SIZE
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Key features
- Freehold Building
- Currently utilised as two businesses
- One is generating £35,000 per annum
- The other unit is a large supermarket with an average £30,000 per week turnover
- Potential to add uppers (sttp)
- Call us now to view
Description
One unit is currently let producing £35,000 rental income per annum and the other is a supermarket with approximate takings of £30,000 per week which the incoming purchaser could take over or let!
The building has upper apartments currently, however we feel that an incoming purchaser could possibly apply for permission to build further apartments by way of adding a further floor thus generating more income! There is income from the existing flats by way of ground rent by way of freehold. However they are independently owned.
This is subject to planning being obtained by an incoming purchaser and the seller is happy to grant a time period to explore various options to add value. (no guarantees can be given) EPC Rating C.
Brochures
S1 - 4 Page Lands...S1 - 4 Page Lands...Lower Addiscombe Road, Croydon
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Blackhorse Lane Tram Stop0.2 miles
- Addiscombe Tram Stop0.3 miles
- Woodside Tram Stop0.4 miles
Notes
Disclaimer - Property reference 102893011933. 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 Benson & Partners, Croydon. 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.
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