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£875,000
South End, Croydon, CR0
- 0 beds
£875,000
- 0 beds
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Estimate monthly mortgage payment:
£3,995 per month
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To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£43,750
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A prominent three storey building comprising three let commercial retail units over ground floor and four self-contained flats over first and second floors, two on each floor. Please Note: The commercial units and one of the four flats are excluded from this sale.
ACCOMMODATION
First Floor
Flat A Sold off on a long leasehold interest*
Flat B 3-bedrooms totalling 815 sq ft (75.89 sq m)
Second Floor
Flat C 3-bedrooms totalling 815 sq ft (75.89 sq m)
Flat D 3-bedrooms totalling 815 sq ft (75.89 sq m)
*There are approximately 80 years remaining, the annual ground rent is currently ?100
Total rental income - ?49,500 per annum exclusive
TENURE
A new 150 year long leasehold interest to be granted by the freeholder, subject to the above tenancies.
Tenancies
Flat A - Sold off on a long leasehold interest. Flat B - Let on an Assured Shorthold Tenancy agreement at a rent of ?1,325 PCM on a 6-month term from 20/11/2021 Flat C - Let on an Assured Shorthold Tenancy agreement at a rent of ?1,400 PCM on a 6-month term from 11/11/2021 Flat D - Let on an Assured Shorthold Tenancy agreement at a rent of ?1,400 PCM on a 6-month term from 24/11/2021
EPC
Flat B - Rating 69 within Band C, Flat C - Rating 60 within Band D, Flat D - Rating 58 within Band D, (Certificates can be made available by email upon request.) VIEWING ARRANGEMENTS By appointment with sole selling agents Henry Adams Commercial, 50 Carfax, Horsham RH12 2QB
Situation
Croydon is a large town in South London, located approximately 10 miles from the city centre. South End forms a vibrant commercial district with over 100 traders, being situated to the immediate south of Croydon?s main centre. Croydon has undergone significant levels of inward investment in recent years and has developed into a major commercial centre. Transport facilities in Croydon are extensive including East and West Croydon mainline stations, a tram link service linking to Wimbledon, Tube rail network and innumerable bus routes. There are short-term pay and display car parking spaces in the immediate vicinity with a longer-term pay and display car parks nearby.
Agent notes
Agent's Notice - We endeavour to make our particulars as accurate and reliable as possible. They are for guidance only and are intended to give a fair overall summary of the property. They do not form part of any contract or offer and should not be relied upon as a statement or representation of fact. Measurements, areas, plans and distances are approximate only. Photographs and computer generated images show only certain parts and aspects of the property at the time they were taken or created. Neither Henry Adams HRR Commercial Limited nor any of its employees has any authority to make or give any representation or warranty whatsoever in relation to the property. No undertaking is given as to the structural condition of the property or any necessary consents or the operating ability or efficiency of any service system or appliance. Intending purchasers or lessees must satisfy themselves with regard to each of these points. Unless otherwise stated, all prices and rents are quoted exclusive of VAT. Any intending purchasers or lessees must satisfy themselves as to the incidence of VAT in respect of any transaction.
Photos
Details correct: March 2022
ACCOMMODATION
First Floor
Flat A Sold off on a long leasehold interest*
Flat B 3-bedrooms totalling 815 sq ft (75.89 sq m)
Second Floor
Flat C 3-bedrooms totalling 815 sq ft (75.89 sq m)
Flat D 3-bedrooms totalling 815 sq ft (75.89 sq m)
*There are approximately 80 years remaining, the annual ground rent is currently ?100
Total rental income - ?49,500 per annum exclusive
TENURE
A new 150 year long leasehold interest to be granted by the freeholder, subject to the above tenancies.
Tenancies
Flat A - Sold off on a long leasehold interest. Flat B - Let on an Assured Shorthold Tenancy agreement at a rent of ?1,325 PCM on a 6-month term from 20/11/2021 Flat C - Let on an Assured Shorthold Tenancy agreement at a rent of ?1,400 PCM on a 6-month term from 11/11/2021 Flat D - Let on an Assured Shorthold Tenancy agreement at a rent of ?1,400 PCM on a 6-month term from 24/11/2021
EPC
Flat B - Rating 69 within Band C, Flat C - Rating 60 within Band D, Flat D - Rating 58 within Band D, (Certificates can be made available by email upon request.) VIEWING ARRANGEMENTS By appointment with sole selling agents Henry Adams Commercial, 50 Carfax, Horsham RH12 2QB
Situation
Croydon is a large town in South London, located approximately 10 miles from the city centre. South End forms a vibrant commercial district with over 100 traders, being situated to the immediate south of Croydon?s main centre. Croydon has undergone significant levels of inward investment in recent years and has developed into a major commercial centre. Transport facilities in Croydon are extensive including East and West Croydon mainline stations, a tram link service linking to Wimbledon, Tube rail network and innumerable bus routes. There are short-term pay and display car parking spaces in the immediate vicinity with a longer-term pay and display car parks nearby.
Agent notes
Agent's Notice - We endeavour to make our particulars as accurate and reliable as possible. They are for guidance only and are intended to give a fair overall summary of the property. They do not form part of any contract or offer and should not be relied upon as a statement or representation of fact. Measurements, areas, plans and distances are approximate only. Photographs and computer generated images show only certain parts and aspects of the property at the time they were taken or created. Neither Henry Adams HRR Commercial Limited nor any of its employees has any authority to make or give any representation or warranty whatsoever in relation to the property. No undertaking is given as to the structural condition of the property or any necessary consents or the operating ability or efficiency of any service system or appliance. Intending purchasers or lessees must satisfy themselves with regard to each of these points. Unless otherwise stated, all prices and rents are quoted exclusive of VAT. Any intending purchasers or lessees must satisfy themselves as to the incidence of VAT in respect of any transaction.
Photos
Details correct: March 2022
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£31,250
Mortgage and legal costs:
£999
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Property details
£875,000
property for sale
South End, Croydon, CR0
A prominent three storey building comprising three let commercial retail units over ground floor and four self-contained flats over first and second floors, two on each floor. Please Note: The commercial units and one of the four flats are excluded from this sale.
ACCOMMODATION
First Floor
Flat A Sold off on a long leasehold interest*
Flat B 3-bedrooms totalling 815 sq ft (75.89 sq m)
Second Floor
Flat C 3-bedrooms totalling 815 sq ft (75.89 sq m)
Flat D 3-bedrooms totalling 815 sq ft (75.89 sq m)
*There are approximately 80 years remaining, the annual ground rent is currently ?100
Total rental income - ?49,500 per annum exclusive
TENURE
A new 150 year long leasehold interest to be granted by the freeholder, subject to the above tenancies.
Tenancies
Flat A - Sold off on a long leasehold interest. Flat B - Let on an Assured Shorthold Tenancy agreement at a rent of ?1,325 PCM on a 6-month term from 20/11/2021 Flat C - Let on an Assured Shorthold Tenancy agreement at a rent of ?1,400 PCM on a 6-month term from 11/11/2021 Flat D - Let on an Assured Shorthold Tenancy agreement at a rent of ?1,400 PCM on a 6-month term from 24/11/2021
EPC
Flat B - Rating 69 within Band C, Flat C - Rating 60 within Band D, Flat D - Rating 58 within Band D, (Certificates can be made available by email upon request.) VIEWING ARRANGEMENTS By appointment with sole selling agents Henry Adams Commercial, 50 Carfax, Horsham RH12 2QB
Situation
Croydon is a large town in South London, located approximately 10 miles from the city centre. South End forms a vibrant commercial district with over 100 traders, being situated to the immediate south of Croydon?s main centre. Croydon has undergone significant levels of inward investment in recent years and has developed into a major commercial centre. Transport facilities in Croydon are extensive including East and West Croydon mainline stations, a tram link service linking to Wimbledon, Tube rail network and innumerable bus routes. There are short-term pay and display car parking spaces in the immediate vicinity with a longer-term pay and display car parks nearby.
Agent notes
Agent's Notice - We endeavour to make our particulars as accurate and reliable as possible. They are for guidance only and are intended to give a fair overall summary of the property. They do not form part of any contract or offer and should not be relied upon as a statement or representation of fact. Measurements, areas, plans and distances are approximate only. Photographs and computer generated images show only certain parts and aspects of the property at the time they were taken or created. Neither Henry Adams HRR Commercial Limited nor any of its employees has any authority to make or give any representation or warranty whatsoever in relation to the property. No undertaking is given as to the structural condition of the property or any necessary consents or the operating ability or efficiency of any service system or appliance. Intending purchasers or lessees must satisfy themselves with regard to each of these points. Unless otherwise stated, all prices and rents are quoted exclusive of VAT. Any intending purchasers or lessees must satisfy themselves as to the incidence of VAT in respect of any transaction.
Photos
Details correct: March 2022
ACCOMMODATION
First Floor
Flat A Sold off on a long leasehold interest*
Flat B 3-bedrooms totalling 815 sq ft (75.89 sq m)
Second Floor
Flat C 3-bedrooms totalling 815 sq ft (75.89 sq m)
Flat D 3-bedrooms totalling 815 sq ft (75.89 sq m)
*There are approximately 80 years remaining, the annual ground rent is currently ?100
Total rental income - ?49,500 per annum exclusive
TENURE
A new 150 year long leasehold interest to be granted by the freeholder, subject to the above tenancies.
Tenancies
Flat A - Sold off on a long leasehold interest. Flat B - Let on an Assured Shorthold Tenancy agreement at a rent of ?1,325 PCM on a 6-month term from 20/11/2021 Flat C - Let on an Assured Shorthold Tenancy agreement at a rent of ?1,400 PCM on a 6-month term from 11/11/2021 Flat D - Let on an Assured Shorthold Tenancy agreement at a rent of ?1,400 PCM on a 6-month term from 24/11/2021
EPC
Flat B - Rating 69 within Band C, Flat C - Rating 60 within Band D, Flat D - Rating 58 within Band D, (Certificates can be made available by email upon request.) VIEWING ARRANGEMENTS By appointment with sole selling agents Henry Adams Commercial, 50 Carfax, Horsham RH12 2QB
Situation
Croydon is a large town in South London, located approximately 10 miles from the city centre. South End forms a vibrant commercial district with over 100 traders, being situated to the immediate south of Croydon?s main centre. Croydon has undergone significant levels of inward investment in recent years and has developed into a major commercial centre. Transport facilities in Croydon are extensive including East and West Croydon mainline stations, a tram link service linking to Wimbledon, Tube rail network and innumerable bus routes. There are short-term pay and display car parking spaces in the immediate vicinity with a longer-term pay and display car parks nearby.
Agent notes
Agent's Notice - We endeavour to make our particulars as accurate and reliable as possible. They are for guidance only and are intended to give a fair overall summary of the property. They do not form part of any contract or offer and should not be relied upon as a statement or representation of fact. Measurements, areas, plans and distances are approximate only. Photographs and computer generated images show only certain parts and aspects of the property at the time they were taken or created. Neither Henry Adams HRR Commercial Limited nor any of its employees has any authority to make or give any representation or warranty whatsoever in relation to the property. No undertaking is given as to the structural condition of the property or any necessary consents or the operating ability or efficiency of any service system or appliance. Intending purchasers or lessees must satisfy themselves with regard to each of these points. Unless otherwise stated, all prices and rents are quoted exclusive of VAT. Any intending purchasers or lessees must satisfy themselves as to the incidence of VAT in respect of any transaction.
Photos
Details correct: March 2022