Retail premises for sale in Anerley Road, London SE19

Fixed price £180,000 (£450/sq. ft)
Interested in this property? Call +44 20 3641 9157 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Retail premises for sale 400 sq. ft*

Property features

  • 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

Property description

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.

Property info

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

Arrange Viewing

For more information about this property, please contact
Blue Alpine Partners, SW1P on +44 20 3641 9157 * (local rate)

Contact Blue Alpine Partners about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blue Alpine Partners, and do not constitute property particulars. Please contact Blue Alpine Partners 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.

Properties on the market nearby

9 more properties like this

View all SE19 commercial properties for sale