Property photos
Freehold
£550,000
Property for sale
Church Road, Crystal Palace SE191 bath
Local area information
Property location
Nearby amenities
- All Saints CofE Primary School 0.4 miles
- Paxton Primary School 0.4 miles
- Crystal Palace 0.4 miles
- Gipsy Hill 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Gipsy Hill, Crystal Palace and Anerley to find out more about the local area.
Features and description
- Freehold
- Investment Oppurtunity
- Freehold
- Whole Building
The property comprises of ground, basement, first and second floor of a three storey terraced building with brick facia beneath a pitched roof.
Ground and basement floor provides a bar area and restaurant area with seating on loose tables and chairs for 80 customers. Ancillary areas include a trade kitchen and customer WC’s. Basement includes a separate function room and bar.
Uppers comprise of two 1 bedroom flats and a two bedroom flat all sold off on long leases with ground rents at £100 for the one beds and £200 for the two bedroom flat.
Tenure
The property is held freehold.
Tenancy
The ground and basement floors are let to Yak & Yeti Limited on a new 15 year lease from 01 Aug 2023 at a current rent of £34,000 per annum which is subject to five yearly open market rent reviews.
Planning
The property is not listed or situated within a conservation area.
Terms
We are instructed to invite offers at £550,000 (6.18% niy) assuming the usual purchasers costs.
Additional info:
Each of the upper residential leases have approx 65 years remaining
Ground and basement floor provides a bar area and restaurant area with seating on loose tables and chairs for 80 customers. Ancillary areas include a trade kitchen and customer WC’s. Basement includes a separate function room and bar.
Uppers comprise of two 1 bedroom flats and a two bedroom flat all sold off on long leases with ground rents at £100 for the one beds and £200 for the two bedroom flat.
Tenure
The property is held freehold.
Tenancy
The ground and basement floors are let to Yak & Yeti Limited on a new 15 year lease from 01 Aug 2023 at a current rent of £34,000 per annum which is subject to five yearly open market rent reviews.
Planning
The property is not listed or situated within a conservation area.
Terms
We are instructed to invite offers at £550,000 (6.18% niy) assuming the usual purchasers costs.
Additional info:
Each of the upper residential leases have approx 65 years remaining
More information
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