Retail premises for sale in 277 Waddon Road, Croydon, Surrey CR0

Offers over £300,000 (£307.69/sq. ft)
Retail premises for sale 91 sq. m*
Interested in this property? Call +44 20 8115 7729 * or Request Details

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Property features

  • Vacant freehold shop and flat for sale
  • Ground floor commercial unit c.525sqft
  • First floor flat measures c.400sqft
  • Erv £22,500-£24,000pa
  • Break-up potential
  • Located just off the Purley Way (A23)
  • Oieo- £300,000 F/H

Property description

The subject property comprises a two-storey building located just off the Purley Way (A23) in Croydon. The building includes a ground floor commercial unit measuring 525sqft, and a one bedroom flat across the first floor measuring 400sqft.

The entire building is vacant, and whilst the flat is in good order throughout, the commercial unit will require some light refurbishment works.

The property will likely appeal to both owner-occupiers and investors. For owner-occupiers there is an opportunity to acquire a prominent commercial position just off the Purley Way (A23), with the added bonus of a flat above. For investors there is an estimated rental value of £22,000-£24,000pa once the property is fully let, which at the asking price equates to an attractive 7%-8% return.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Acorn - Bromley Commercial, BR2 on +44 20 8115 7729 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Acorn - Bromley Commercial, and do not constitute property particulars. Please contact Acorn - Bromley Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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