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1/15
3

South End, Croydon

Guide price

£2,000,000

Size

6,862

Tenure

Freehold

EPC

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Parking

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Primary use
Mixed use
Floorplan
3

Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Transport links
  • Well connected

Key features

  • Mixed-use Freehold Building
  • 7.5%-8% yield based on the ERV
  • Ground floor public house/bar currently vacant. ERV of £75,000 per annum
  • Five residential flats in the uppers

Description

The property comprises a ground-floor commercial unit, previously operated as a licensed bar and restaurant, which is currently vacant. The unit extends to approximately 307 sq m (3,304 sq ft) and includes a main bar room, function room, kitchen, kitchen store, beer cellar, and WC facilities. The estimated rental value is £75,000 per annum. 

Five self-contained residential flats occupy the upper floors and are accessed via an external staircase at 1 and 3 Aberdeen Road. The flats are held on individual AST agreements. Combined residential income is £63,300 per annum at current passing rents. 

Three parking spaces at the rear of the property are held on a 125-year lease from 2014 at a peppercorn rent. The parking is appurtenant to the flats.
Additional information
Service charge
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Business rates
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Use class
E, Sui Generis, C3
Listed building
No
Floors in building
4
Planning permission
None
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

South End, Croydon

NEAREST STATIONS

National Rail

South Croydon Station

0.27 miles

London Tram

George Street Tram Stop

0.59 miles

London Tram

Church Street Tram Stop

0.63 miles

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Disclaimer - Property reference 73southend. 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 Calibre Acquire LTD, 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.