Acorn Commercial, Acorn Commercial

129 Addington Road, South Croydon, Surrey

Guide price

£525,000

Size

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Tenure

Freehold

EPC

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Parking

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Primary use
Mixed use

No floor / site plan

Key features

  • Freehold mixed-use building for sale
  • 2 flats & 2 commercial units
  • Under-let producing £35,070pa
  • ERV £43,800pa (8.34% yield)
  • Located on popular retail parade in Selsdon
  • Guide price: £525,000 F/H

Description

The property comprises a retail unit on the ground floor (front) and a self-contained office suite at the rear of the ground. On the upper two floors there are two 1-bedroom self-contained flats which are accessed from the front of the property.

The property is currently producing £35,070. The flats are underlet with market rents for one bed flats locally closer to £14,400pa. Therefore, the collective ERV is in the region of £43,400pa. This property will likely appeal to investors considering the day one income and the rare opportunity to acquire a freehold on this parade.
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

129 Addington Road, South Croydon, Surrey

NEAREST STATIONS

London Tram

Coombe Lane Tram Stop

1.09 miles

London Tram

Gravel Hill Tram Stop

1.13 miles

National Rail

Sanderstead Station

1.41 miles

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Disclaimer - Property reference 37379FH. 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.