- Development Potential
- Popular High Street Location
- 1 x Commercial Unit 2 x 2 Bedroom Flats
- Rare opportunity
Rare opportunity to purchase this lovely freehold building in the heart of Beddington, near Croydon.
This mixed use building is perfect for landlords, business owners or developers with various permutations possible.
It comprises of a well sized ground floor commercial unit measuring approx. 700 sqft and a 3 bedroom or 2 x 2 bedroom flat (can be configured either way) above it which is approx 960 sqft .
The vendor is willing to take on a FRI lease on the ground floor commercial unit for £18,000 per annum for 15 years, with 4 yearly rent reviews and no breaks.
The upper flat/flats will be sold with vacant possession and gives numerous possibilities, one of them being to rent as an HMO (House of Multiple Occupancy). The upper floors can be renovated to get an uplift in the market rent or lived in as they are.
Great opportunity to buy in a popular area walking distance to Waddon train station and close to many of the conveniences Beddington, Wallington and Croydon offer. There are sought after schools nearby and any landlord can be confident that it will attract excellent calibre tenants.
Council tax band: NotSet