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223-225 Lower Addiscombe Rd 1,360 sq ft Retail Property Croydon CR0 6RB £250,000 (£183.82/sq ft)
Investment Highlights
- The property is prominently located on Lower Addiscombe Road
- Great transport links
- Area benefits from a diverse mix of independent retailers and notable occupiers
Executive Summary
The property comprises two buildings, with a single Class E unit spanning the entirety of the ground floor, which could be split back into two separate units. The ground floor unit benefits from a rear external yard area. The upper floors provide residential flats that have been sold off on long leases, with approximately 144 years (223a) and 114 years (225a) remaining unexpired. The ground rent payable for Flat No. 225A is £450 per annum.
Property Facts
Sale Type
Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Size
1,360 sq ft
Costar Property Class
C
Year Built
1970
Price
£250,000
Price per sq ft
£183.82
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.45
Total Plot Size
0.07 ac
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Nearby Major Retailers
1 of 4
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223-225 Lower Addiscombe Rd
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