Freehold Investment For sale

South Norwood, Portland Road, SE25 4PQ

£425,000Freehold

PROPERTY DESCRIPTION


An end of Terrace building of brick construction beneath a tiled roof comprising a Ground Floor shop with A3 use with internal access to a First floor flat above. The property benefits from an Advertising Hoarding on the flank wall. Located on the busy A215 thoroughfare close to the corner of Doyle Road and only a short walk from Norwood Junction Station.

South Norwood lies some 2 miles from Crystal Palace and only 9 miles from the West End. There are good transport links to Central London and Croydon.

Ground Floor Shop

Arranged as a cafe with modern aluminium shop front and efflorescent lighting. Floor tiled throughout

Gross Frontage 17'2
Shop Depth 28'9
Built Depth 50'3
Two External WCs
Rear Yard and garden 17'5 X 35'

First Floor Accommodation

Lounge Area : 16'ft X 16'ft, Laminated wooden flooring, 2 X double glazed windows, single panel radiator

Kitchen : 12'2ft X 11'ft, range of fitted units, gas hob, inset sink, double glazed picture window, double panel radiator, Potterton Combi Boiler

Bedroom : 11'2ft X 8'8ft Laminated flooring, Double glazed picture window, Double panel radiator, well decorated throughout.

Bathroom :11'2 X 7'4ft Bath tub with overhead shower tiled to surround, low level toilet suite, sink pedestal with mixer, Vynl flooring.

Upper Hallway 3'3ft X 7'3 Laminated flooring, staircase to lower floor.


Tenancy


The entire property is let on a full repairing and insuring Lease to Portland Cafe for a term of 20 years from 25th March 2010 at a current rent of £14,000 p.A Exclusive.
Rent Reviews : 5 yearly rent reviews.


Read more at http://www.zoopla.co.uk/for-sale/commercial/details/41693587#ws0kc5gw6uHezq2X.99

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LOCATION

    United Estates Ltd
    67 Streatham High Road
    Streatham, London SW16 1PH

    Registration Number: 3641294
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