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Acorn Commercial, Acorn Commercial
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Acorn Commercial, Acorn Commercial
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2 Selhurst Road, London, Greater London

£175,000

Size

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Tenure

Freehold

EPC

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Parking

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Primary use
Shop
Frontage
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Floorplan
1

Key features

  • Freehold Commercial Unit (Use Class E)
  • Corner Positioned Unit with Plenty of Frontage
  • Ground Floor sized at c.775sqft (c.72sqm basement included)
  • Currently let at £10kpa with 3 months' notice (outside of the act)
  • ERV is c.£15k/£16kpa (c.8.6-9% gross yield)
  • Offers in Excess of £175,000

Description

A unique opportunity to acquire this commercial unit in a well-known South London area, South Norwood, which is housed within the ground floor of this period 2-storey building. Internally the commercial unit is c.72sqm/775sqft NIA, which is currently occupied by a hair/nail salon who are holding over on a lease (outside of the act) with only a 3-months' notice required. The commercial tenant is currently paying £10kpa, with the ERV expected to be c.£15k/£16kpa (c.8.6/9% gross yield). Vacant possession can be offered. The flat upstairs is sold off on a long lease.
Acorn Commercial, Acorn Commercial

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Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

2 Selhurst Road, London, Greater London

NEAREST STATIONS

National Rail

Selhurst Station

0.23 miles

National Rail

Thornton Heath Station

0.79 miles

London Tram

Lebanon Road Tram Stop

0.88 miles

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Disclaimer - Property reference 37309FH. 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 Acorn Commercial, Acorn 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.