Property photos
Fixed price
£180,000
(£450.00/sq. ft)
Retail premises for sale
Anerley Road, London SE19400 sq. ft
Local area information
Property location
Nearby amenities
- Crystal Palace 0.1 miles
- Harris City Academy Crystal Palace 0.4 miles
- James Dixon Primary School 0.4 miles
- Anerley 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Crystal Palace, Gipsy Hill and Anerley to find out more about the local area.
Features and description
- Comprises two ground floor shops and four residential flats (sold-off)
- Potential to increase income by letting out advertising space at the front
- Unit 1 tenant refurbished the property in 2019. Café rated 4.8/5 Stars on Google
- Unit 2 tenant has been in occupation for more than 10 years
Investment Consideration:
Gross Initial Yield: 7.98%
Rental Income: £14,360 p.a.
VAT is not applicable to this property
Comprises two ground floor shops and four residential flats (sold-off)
Potential to increase income by letting out advertising space at the front
Unit 1 tenant refurbished the property in 2019. Café rated 4.8/5 Stars on Google
Unit 2 tenant has been in occupation for more than 10 years
Located within short walk to Crystal Palace Train Station and Crystal Palace Park.
Property Description:
The property comprises 2 x Retail Units and Vacant Advertising Board at Ground Floor and 4 Residential Flats which have been sold-off on long leaseholds, providing the following accommodation and dimensions:
Ground Floor: 37 sq m (400 sq ft)
Retail Unit A: Café - 20 sq m (220 sq ft)
Retail Unit B: Shop - 17 sq m (180 sq ft)
Basement: Residential Flat (Sold-Off)
First Floor: Residential Flat (Sold-Off)
Second Floor: Residential Flat (Sold-Off)
Third Floor: Residential Flat (Sold-Off)
Tenancy:
Unit A is at present let to an Individual t/a Mozart London Café for a term of 5 Years from 25th November 2019 at a current rent of £8,400 per annum and the lease contains full repairing and insuring covenants. Deposit held of £2,800.
Unit B is at present let to Frozen Water for a term of 3 Years from 15th May 2019 (Holding Over) at a current rent of £5,160 per annum and the lease contains full repairing and insuring covenants.
All 4 Residential Flats have been sold-off on long leaseholds for a term of 125 Years from 24th June 2004 at a ground rent of £200 p.a. Each. (£800 p.a. In total). Reversion 2129.
Location:
Crystal Palace is located just north of Croydon and approximately 6 miles south-east of central London, benefitting from good transport links via Crystal Palace Mainline Station being just a few hundred yards away. The property occupies a busy trading position near the junction with Hamlet Road within this well established shopping parade near a Tesco Express and a variety of local traders as well as being just a short walk from the open spaces at Crystal Palace Park.
Gross Initial Yield: 7.98%
Rental Income: £14,360 p.a.
VAT is not applicable to this property
Comprises two ground floor shops and four residential flats (sold-off)
Potential to increase income by letting out advertising space at the front
Unit 1 tenant refurbished the property in 2019. Café rated 4.8/5 Stars on Google
Unit 2 tenant has been in occupation for more than 10 years
Located within short walk to Crystal Palace Train Station and Crystal Palace Park.
Property Description:
The property comprises 2 x Retail Units and Vacant Advertising Board at Ground Floor and 4 Residential Flats which have been sold-off on long leaseholds, providing the following accommodation and dimensions:
Ground Floor: 37 sq m (400 sq ft)
Retail Unit A: Café - 20 sq m (220 sq ft)
Retail Unit B: Shop - 17 sq m (180 sq ft)
Basement: Residential Flat (Sold-Off)
First Floor: Residential Flat (Sold-Off)
Second Floor: Residential Flat (Sold-Off)
Third Floor: Residential Flat (Sold-Off)
Tenancy:
Unit A is at present let to an Individual t/a Mozart London Café for a term of 5 Years from 25th November 2019 at a current rent of £8,400 per annum and the lease contains full repairing and insuring covenants. Deposit held of £2,800.
Unit B is at present let to Frozen Water for a term of 3 Years from 15th May 2019 (Holding Over) at a current rent of £5,160 per annum and the lease contains full repairing and insuring covenants.
All 4 Residential Flats have been sold-off on long leaseholds for a term of 125 Years from 24th June 2004 at a ground rent of £200 p.a. Each. (£800 p.a. In total). Reversion 2129.
Location:
Crystal Palace is located just north of Croydon and approximately 6 miles south-east of central London, benefitting from good transport links via Crystal Palace Mainline Station being just a few hundred yards away. The property occupies a busy trading position near the junction with Hamlet Road within this well established shopping parade near a Tesco Express and a variety of local traders as well as being just a short walk from the open spaces at Crystal Palace Park.
More information
Listed by
Blue Alpine Partners
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