£150,000
(£348.84/sq. ft)
Restaurant for saleStation Approach, South Croydon CR2
430 sq. ft
About this property
Investment Consideration:
Gross Initial Yield: 6.55%
Rental Income: £9,828 p.a.
VAT is not applicable to this property
Comprises ground floor takeaway unit
Located directly opposite Purley Oaks Train Station
Occupiers nearby including cafés, convenience stores, restaurants, and more.
Convenient parking available near Purley Oaks Station and surrounding residential areas.
Property Description:
Comprises ground floor takeaway unit, providing the following accommodation and dimensions:
Ground Floor: 40 sq m (430 sq ft)
Open plan retail, kitchen, storage, wc
Tenancy:
The property is at present let to an Individual for a term of 5 Years from 15th May 2023 at a current rent of £9,828 p.a. And the lease contains full repairing and insuring covenants. More information about rent review, break clause and held deposit available on request.
Location:
The property is conveniently situated in a highly accessible area of South Croydon, offering excellent transport links. The property is located adjacent to Purley Oaks Station, providing direct services to central London, making it an ideal location for commuters. The surrounding area benefits from a variety of local amenities, including shops, restaurants, and schools, contributing to a well-connected and vibrant community. South Croydon’s main shopping areas are also within close proximity, providing easy access to retail and leisure options. With excellent road connections and access to public transport, this location offers both convenience and ease of access for businesses and residents alike.
Gross Initial Yield: 6.55%
Rental Income: £9,828 p.a.
VAT is not applicable to this property
Comprises ground floor takeaway unit
Located directly opposite Purley Oaks Train Station
Occupiers nearby including cafés, convenience stores, restaurants, and more.
Convenient parking available near Purley Oaks Station and surrounding residential areas.
Property Description:
Comprises ground floor takeaway unit, providing the following accommodation and dimensions:
Ground Floor: 40 sq m (430 sq ft)
Open plan retail, kitchen, storage, wc
Tenancy:
The property is at present let to an Individual for a term of 5 Years from 15th May 2023 at a current rent of £9,828 p.a. And the lease contains full repairing and insuring covenants. More information about rent review, break clause and held deposit available on request.
Location:
The property is conveniently situated in a highly accessible area of South Croydon, offering excellent transport links. The property is located adjacent to Purley Oaks Station, providing direct services to central London, making it an ideal location for commuters. The surrounding area benefits from a variety of local amenities, including shops, restaurants, and schools, contributing to a well-connected and vibrant community. South Croydon’s main shopping areas are also within close proximity, providing easy access to retail and leisure options. With excellent road connections and access to public transport, this location offers both convenience and ease of access for businesses and residents alike.
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