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Croham Rd 16,253 sq ft 100% Let Office Property Crowborough TN6 2RW £1,750,000 (£107.67/sq ft) 5.83% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Prominent location near High Street
- Connectivity via nearby A26
- Small car park to rear
EXECUTIVE SUMMARY
Opportunity to acquire a substantial mixed-use investment. 8 contemporary apartments and 1 commercial unit with gated parking to the rear. Total income £107,100 per annum.
An attractive stone-faced building with 1980s built three storey extension to the rear. Previously used as a solicitors office, the building was converted by our client in 2020.
An attractive stone-faced building with 1980s built three storey extension to the rear. Previously used as a solicitors office, the building was converted by our client in 2020.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Subtype
Office / Residential
Property Size
16,253 sq ft
Costar Property Class
C
Year Built
1850
Price
£1,750,000
Price per sq ft
£107.67
Yield
5.83%
NOI
£102,100
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
8,127 sq ft
Plot ratio
1.48
Total Plot Size
0.25 ac
Parking
7 Spaces (0.43 Spaces per 1,000 sq ft Leased)
AMENITIES
- Bus Route
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Croham Rd
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