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250A Wickham Rd 570 sq ft Retail Property Croydon CR0 8BJ £475,000 (£833.33/sq ft) 5.87% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Freehold investment
- Hands off asset management opportunity
- Strong covenant
EXECUTIVE SUMMARY
Prominently located high street commercial property with space at the rear for parking and a 3/4 bedroom flat above
The Shop is currently on a 5 year lease with 3 years remaining approx. and is being used as a ladies hair dressers (business not affected) with utility room/kitchen and toilet facilities.
The Shop is currently on a 5 year lease with 3 years remaining approx. and is being used as a ladies hair dressers (business not affected) with utility room/kitchen and toilet facilities.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Size
570 sq ft
Costar Property Class
C
Year Built
1970
Price
£475,000
Price per sq ft
£833.33
Yield
5.87%
NOI
£27,900
Tenancy
Single
Number of Floors
1
Plot ratio
0.22
Total Plot Size
0.06 ac
AMENITIES
- 24 Hour Access
- Signage
1 1
NEARBY MAJOR RETAILERS
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250A Wickham Rd
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