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69 Anerley Road, London, 69 Anerley Road, London

Guide Price
£150,000

£187.50 per sq ft

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE AVAILABLE

800 sq ft

74 sq m

SECTOR

Commercial property for sale

Key features

  • High Yielding Retail Investment
  • Two Retail Units Plus Advertising Board
  • Both Retail Unit Let - Advertising Board Vacant
  • Asset Management Potential Via Letting of Vacant Space
  • Established High Footfall Location
  • VAT-Free Investment
  • Investment Let at £14,600 p.a. (9.7% GIY on Guide Price)

Description

The property comprises a high yielding, multi-let retail investment with asset management potential.

Arranged as two ground floor retail units plus an advertising board, the property is let to two long standing occupiers and producing £14,600 per annum.

The property includes an advertising board which is currently vacant and we consider the property therefore benefits from asset management potential via letting of this space and improvement of the income.

The property occupies a prominent pitch fronting the high footfall Anerley Road, a principal arterial route and the main retail amenity immediately south of Crystal Palace Station, the street is characterised by a mix of local and national retailers including Tesco.

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

69 Anerley Road, London, 69 Anerley Road, London

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 Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference 5D2FE823-06F6-432A-9FDC-C4DF2DB97D75. 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 Savills, Savills Auctions- Commercial. 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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