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Shirley Road 4 Retail Properties Offered at £1,500,000 in Croydon
INVESTMENT HIGHLIGHTS
- Opportunity to acquire four shops with forecourt parking, flats above, and yards to the rear.
- The properties have potential to be redeveloped subject to planning permission
- The properties benefit from vehicular access between 66 & 68 Shirley Road
- Great transport links
EXECUTIVE SUMMARY
Opportunity to acquire four shops with forecourt parking, flats above, and yards to the rear. The properties benefit from vehicular access between 66 & 68 Shirley Road. All four properties are currently occupied on individual 10 year FRI leases, with 5 yearly rent reviews. Rent reviews at 66, 68 & 70 have recently been concluded and a short-term lease renewal by reference at 64 has also recently completed, increasing the overall income to £78,000 per annum.
PROPERTY FACTS
| Price | £1,500,000 | Individually For Sale | 0 |
| Price psf | £639.11 / sq ft | Total Property Size | 2,347 sq ft |
| Sale Type | Investment | Tenure | Freehold |
| Status | Active | Total Land Area | 0.14 ac |
| Number of Properties | 4 |
| Price | £1,500,000 |
| Price psf | £639.11 / sq ft |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Property Size | 2,347 sq ft |
| Tenure | Freehold |
| Total Land Area | 0.14 ac |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 66 Shirley Rd, Croydon CR0 7EP | Retail | 643 sq ft | 1930 | - |
| 70 Shirley Rd, Croydon CR0 7EP | Retail | 612 sq ft | 1925 | - |
| 68 Shirley Rd, Croydon CR0 7EP | Retail | 550 sq ft | 1920 | - |
| 64 Shirley Rd, Croydon CR0 7EP | Retail | 542 sq ft | 1961 | - |
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Shirley Road
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