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Thornton Rd 1,894 sq ft 4-Star Retail Property Thornton Heath CR7 6AW £500,000 (£263.99/sq ft) 8% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Good road connections
  • Close to residential areas
  • Amenities nearby

EXECUTIVE SUMMARY

Ground floor commercial unit within a mixed use development, held on 999 year lease.
Let to a dental medical occupier with large fit out, occupational lease expires July 2049.

ATTACHMENTS

13978

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Health Club
Property Size
1,894 sq ft
LoopNet Rating
4 Star
Year Built
2024
Price
£500,000
Price per sq ft
£263.99
Yield
8%
NOI
£40,000
Tenancy
Single
Number of Floors
1
Plot ratio
0.42
Total Plot Size
0.10 ac
Frontage
173 ft on London Road

AMENITIES

  • 24 Hour Access
  • Storage Space

NEARBY MAJOR RETAILERS

Lidl
Sainsbury's
Morley's Fried Chicken
Costa Coffee
Iceland
Morrisons
Tesco Superstore
Co-op
National Westminster Bank plc
Barclays Bank
  • Listing ID: 34996179

  • Date on Market: 03/03/2025

  • Last Updated:

  • Address: Thornton Rd, Thornton Heath CR7 6AW

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