£495,000
Property for sale58 Church Road, Crystal Palace, London SE19
About this property
Mixed-use freehold for sale
Comprises 1x commercial unit + 1x flat
Fully let producing £33,000 per annum
Two flats above sold off on long leases (not included)
Located on the popular Crystal Palace Triangle
Guide price £495,000 F/H
The subject mixed-use property is part of a parade of similar properties in a popular area of Crystal Palace town-centre.
The freehold on offer includes the ground floor commercial unit and ground floor studio flat. There are two flats above which are sold off on long leases (92 years unexpired), these are not included within the sale.
The ground floor rear studio flat (known as 2 Stoney Lane) measures 269sqft internally and is currently rented on a standard AST at a passing rent of £1,150 per month / £13,800 per annum. The ground floor and basement commercial unit measures 871sqft internally is currently rented to a fitness studio operator at a passing rent of £1,600 per month / £19,200 per annum.
The freehold on offer includes the ground floor commercial unit and ground floor studio flat. There are two flats above which are sold off on long leases (92 years unexpired), these are not included within the sale.
The ground floor rear studio flat (known as 2 Stoney Lane) measures 269sqft internally and is currently rented on a standard AST at a passing rent of £1,150 per month / £13,800 per annum. The ground floor and basement commercial unit measures 871sqft internally is currently rented to a fitness studio operator at a passing rent of £1,600 per month / £19,200 per annum.
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