A Substantial Freehold Mixed Use Corner Building Producing £67,300 Per Annum
The property comprises a mixed use corner building arranged over lower ground, ground and three upper floors internally laid out to provide a ground floor shop and five self-contained flats.
Location
The property is situated in the heart of South Norwood close to local shops and amenities. Numerous open spaces are within easy reach. Transport links are provided by Norwood Junction (overground and rail stations).
Current Rent Reserved
Current Rent Reserved £67,300 per annum. We understand from the vendor that the ERV when fully let at full market rent is £88,000 per annum
The building has not been inspected by AHL. All information has been provided by the vendor.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.