Offers over
£125,000
Property for sale223 Chipstead Valley Road, Coulsdon CR5
Just added
Freehold
About this property
Income producing investment for sale
Ground floor retail unit
Garage to rear
Close to Woodmansterne Station
Retail parade position
Freehold income producing investment For Sale - Ground floor E class unit (Flat sold off on long lease).
Description
A freehold ground-floor retail property in a residential suburb of Coulsdon, with a rear garage and external WC.
The shop extends to approx 35.40 sq m (381 sq ft), with a rear garage of approximately 36.57 sq m (394 sq ft), providing a total of approximately 71.97 sq m (775 sq ft).
The property is within walking distance of Woodmansterne railway station and benefits from rear access.
Residential upper parts have been sold off on long lease of 125 years
Lease & Income
Ground floor: Leased from 30 Jan 2024 – 29 Jan 2029 with a passing rent of £9,500 pa
We understand this rent to be lower than market value and also we are informed the garage is not included within the lease so an immediate uplift is possible subject to usual negotiation
Portfolio
This unit forms part of a portfolio disposal that is available as individual lots or as one - The brochure will show all available units (Industrial & retail)
Terms
Offers in excess of £125,000 are invited
Description
A freehold ground-floor retail property in a residential suburb of Coulsdon, with a rear garage and external WC.
The shop extends to approx 35.40 sq m (381 sq ft), with a rear garage of approximately 36.57 sq m (394 sq ft), providing a total of approximately 71.97 sq m (775 sq ft).
The property is within walking distance of Woodmansterne railway station and benefits from rear access.
Residential upper parts have been sold off on long lease of 125 years
Lease & Income
Ground floor: Leased from 30 Jan 2024 – 29 Jan 2029 with a passing rent of £9,500 pa
We understand this rent to be lower than market value and also we are informed the garage is not included within the lease so an immediate uplift is possible subject to usual negotiation
Portfolio
This unit forms part of a portfolio disposal that is available as individual lots or as one - The brochure will show all available units (Industrial & retail)
Terms
Offers in excess of £125,000 are invited
Mortgage calculator
Monthly repayment
£625 per month
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