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12 Croydon Rd 758 sq ft Retail Property Caterham CR3 6QB £660,000 (£870.71/sq ft) 7.91% Net Initial Yield
Investment Highlights
- High Street location
- Great road and rail links
- Neighboured by town centre amenities
Executive Summary
An attractive mixed-use, prime town centre investment.
The ground floor retail unit, trading as Kenley Financial, has been fitted out to a high standard with a wooden laminate flooring, LED Lights and air conditioning, together with a modern kitchen area and toilet.
The 2 flats are fully self-contained each with a separate entrance from Mount Pleasant Road. Both Flats have been recently refurbished to a good standard and let on AST’s.
The ground floor retail unit, trading as Kenley Financial, has been fitted out to a high standard with a wooden laminate flooring, LED Lights and air conditioning, together with a modern kitchen area and toilet.
The 2 flats are fully self-contained each with a separate entrance from Mount Pleasant Road. Both Flats have been recently refurbished to a good standard and let on AST’s.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
758 sq ft
Costar Property Class
B
Year Built
1851
Price
£660,000
Price per sq ft
£870.71
Yield
7.91%
NOI
£52,200
Tenancy
Single
Number of Floors
2
Plot ratio
0.76
Total Plot Size
0.02 ac
Frontage
19 ft on Croydon Road
Amenities
- Signage
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Nearby Major Retailers
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12 Croydon Rd
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