Restaurants in Croydon available for sale
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More details for 89 Lower Addiscombe Rd, Croydon - Retail for Sale

89 Lower Addiscombe Rd

Croydon, CR0 6PT

  • Retail for Sale
  • £300,000
  • 1,450 sq ft
  • Restaurant

Croydon Retail for Sale - Addiscombe

Opportunity to purchase a freehold investment in a prominent position on the busy Lower Addiscombe Road. The ground floor is occupied and used as a restaurant benefitting from a large seating area over ground floor and basement, plus a good-sized kitchen leading to a rear storeroom, yard area, and rear access to Warren Road. The flats above are sold off on long leases. Ground floor and basement let to the restaurant Les Calices, on a 20 year lease beginning 1st December 2017 and expiring 31st November 2037. Rent review every 5th anniversary and currently producing £20,000 pax. 1st floor flat is sold off on a long lease and has reversionary potential with 64 years unexpired. Ground Rent of £250 is payable per annum. 2nd floor flat is sold off on a long lease with 190 years unexpired. Ground rent of a peppercorn is payable per annum.

Contact:

Huggins Stuart Edwards

Property Subtype:

Restaurant

Date on Market:

20/05/2024
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Restaurants for Sale Within 5 miles of the Croydon, UK

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FAQs about Restaurants For Sale in Croydon

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How many Restaurant listings are available for sale in Croydon?
There are currently 3 Restaurants available for sale near Croydon. These Croydon Restaurant listings have an average size of 6,143 sq ft. The largest available listing in Croydon is 9,750 sq ft. The thriving commercial centre and excellent transport links in Croydon make it an ideal location for businesses to find suitable Restaurant for sale.
How much does it cost to buy a Restaurant in Croydon?
The average price/SF for Restaurant for sale in Croydon is about £157. The cost per sq ft for Restaurant in Croydon ranges from £104 to £211, depending on the location and the size of the property.
What factors could affect the prices of Restaurants in Croydon?
Several factors can impact the price of Restaurants, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from £104 to £211 per square foot.
What is the largest Restaurant available for sale in Croydon?
Currently, the largest Restaurant available to buy is 9,750 sq ft and the smallest is 1,450 sq ft. The average size of Restaurant available for sale in Croydon is approximately 6,143 sq ft.

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