80 Lower Addiscombe Road, Croydon
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Tenure
Freehold
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Parking
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- Primary use
- Mixed use
No floor / site plan
Key features
- High Yielding Mixed Use Investment
- Retail Unit and Two Flats
- Fully Let to Separate Tenants
- Ground Floor Let to a Dental Surgery
- 15 Year Lease Expiring 28.09.2032
- Forms Part of a Popular Parade
- Investment Let at £51,000 p.a. (10.2% GIY on Guide Price)
Description
Arranged as a ground floor and basement retail unit with two flats to the upper parts and garage to the rear, the property is fully let to separate tenants and producing a combined rent of £51,000 per annum.
The ground floor unit is let to a Dental Surgery on a 15 year lease expiring 28.09.2032 and paying £15,000 per annum.
Flat 1 comprises a two bedroom flat and is let on a tenancy producing £16,200 per annum (£1,350 pcm).
Flat 2 comprises a three bedroom flat and is let on a tenancy producing £19,800 per annum (£1,650 pcm).
The property occupies a prominent pitch close to the junction of severa arterial routes. The surrounding area is characterised by residential and similar mixed uses.
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
Unclassified
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Brochure
80 Lower Addiscombe Road, Croydon
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Disclaimer - Property reference 14AE5CAA-885A-4ED6-A1BB-7E955B794D64. 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 National , 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.