Property Information
Address:
Lower Addiscombe Road, Croydon
, CR0 6PQ
Price: Sale Price: £355,000
Size: 14 to 54 sqm
Primary Category: Investment
All Categories:
Investment, Shop,
Property Ref/Movehut: MH352971
Property Ref/Agent: Lower Addiscombe Road, Croydon CR0 6PQ
*Please use the agent ref when calling the agent directly.
Property description
Excellent exciting retail investment for sale freehold.
At present let to Scope (who have 232 shops countrywide) at £15,500pa exclusive on a full repairing and insuring basis on a 10 year lease from 30/08/2012 with a rent review in 3 years time.
The lease allows for the landlord to obtain possession of the first floor accommodation which will allow potential development to provide 2 flats above the shop STPP.
The lease to Scope will then continue at the same rent after a ground floor store of 39' sqft is provided for Scope.
Offers invited in excess of £355,000 subject to contract (and planning if required)
Situated in a prominent location in Addiscombe alongside various local businesses.
Ground floor shop - 591 sqft
Ground floor storage - 154 sqft
First floor - 539 sqft
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