Guide price
£650,000
(£710.44/sq. ft)
Retail premises for saleChurch Road, London SE19
From 646 - 915 sq. ft
Just added
About this property
Freehold mixed use investment
Ground floor takeaway with basement
First floor one bedroom flat
Freehold
Title:
Freehold Mixed Use Investment Crystal Palace Shop and Flat £32,700 pa
Price:
£650,000.00
Description:
A freehold mixed use investment located on Church Road, Crystal Palace, comprising a ground floor commercial unit with basement and a self contained one bedroom flat above.
The property is fully let and produces a combined income of £32,700 per annum, with further potential for growth.
The commercial unit is let to a busy Lebanese takeaway at £1,500 pcm (£18,000 per annum). The lease commenced in 2016 for a term of 20 years, leaving approximately 10–11 years remaining. The rent was reviewed and agreed in 2024 and the lease benefits from 4 yearly rent reviews, with the next review due in 2028.
The first floor flat is currently let at £1,225 pcm (£14,700 per annum) on a periodic tenancy. The tenants have been in occupation since 2023 and have maintained the property well. There is clear scope to increase the rent to market level, offering a reversionary opportunity.
The flat is presented in excellent condition and comprises an open plan living area, modern fitted kitchen with tiled area, one bedroom, a three piece bathroom suite, and storage. The property also benefits from gas central heating and high ceilings.
The commercial unit benefits from a prominent high street position with strong footfall and includes basement space.
Church Road forms part of the Crystal Palace triangle, known for its mix of independent retailers, cafés and restaurants. Crystal Palace and Gipsy Hill stations are within easy reach, offering direct links into Central London. Crystal Palace Park is also nearby.
Key Features:
• Freehold mixed use investment
• Ground floor takeaway with basement
• First floor one bedroom flat
• Commercial income £18,000 per annum
• Residential income £14,700 per annum
• Total income £32,700 per annum
• Commercial lease with approx. 10–11 years remaining
• Rent reviewed in 2024
• Next rent review due 2028
• Periodic tenancy in place
• Rental uplift potential
Disclaimer:
All measurements/dimensions (where provided) are approximate and for guidance only. Mujifat Ltd / mfl cannot take responsibility for any error or misstatement, nor should these particulars be relied upon as a basis for valuation.
References to appliances and/or services do not imply that they are in working order or fit for purpose.
These particulars do not constitute or form part of any offer or contract, and they should not be relied upon as representations of fact.
All interested parties must have their solicitor verify the tenure/lease information, fixtures and fittings, and ensure that all planning and building regulation consents are in order.
In compliance with money laundering regulations, intending buyers will be required to produce identification and documentation at a later stage. We appreciate your co-operation to ensure there are no delays in agreeing the sale.
Freehold Mixed Use Investment Crystal Palace Shop and Flat £32,700 pa
Price:
£650,000.00
Description:
A freehold mixed use investment located on Church Road, Crystal Palace, comprising a ground floor commercial unit with basement and a self contained one bedroom flat above.
The property is fully let and produces a combined income of £32,700 per annum, with further potential for growth.
The commercial unit is let to a busy Lebanese takeaway at £1,500 pcm (£18,000 per annum). The lease commenced in 2016 for a term of 20 years, leaving approximately 10–11 years remaining. The rent was reviewed and agreed in 2024 and the lease benefits from 4 yearly rent reviews, with the next review due in 2028.
The first floor flat is currently let at £1,225 pcm (£14,700 per annum) on a periodic tenancy. The tenants have been in occupation since 2023 and have maintained the property well. There is clear scope to increase the rent to market level, offering a reversionary opportunity.
The flat is presented in excellent condition and comprises an open plan living area, modern fitted kitchen with tiled area, one bedroom, a three piece bathroom suite, and storage. The property also benefits from gas central heating and high ceilings.
The commercial unit benefits from a prominent high street position with strong footfall and includes basement space.
Church Road forms part of the Crystal Palace triangle, known for its mix of independent retailers, cafés and restaurants. Crystal Palace and Gipsy Hill stations are within easy reach, offering direct links into Central London. Crystal Palace Park is also nearby.
Key Features:
• Freehold mixed use investment
• Ground floor takeaway with basement
• First floor one bedroom flat
• Commercial income £18,000 per annum
• Residential income £14,700 per annum
• Total income £32,700 per annum
• Commercial lease with approx. 10–11 years remaining
• Rent reviewed in 2024
• Next rent review due 2028
• Periodic tenancy in place
• Rental uplift potential
Disclaimer:
All measurements/dimensions (where provided) are approximate and for guidance only. Mujifat Ltd / mfl cannot take responsibility for any error or misstatement, nor should these particulars be relied upon as a basis for valuation.
References to appliances and/or services do not imply that they are in working order or fit for purpose.
These particulars do not constitute or form part of any offer or contract, and they should not be relied upon as representations of fact.
All interested parties must have their solicitor verify the tenure/lease information, fixtures and fittings, and ensure that all planning and building regulation consents are in order.
In compliance with money laundering regulations, intending buyers will be required to produce identification and documentation at a later stage. We appreciate your co-operation to ensure there are no delays in agreeing the sale.
Mortgage calculator
Monthly repayment
£3,251 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}