Offers in region of
£2,900,000
Land for saleLower Addiscombe Road, Croydon CR0
EPC Rating: C
- Freehold
Benson & Partners
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About this property
Freehold Building
Currently utilised as two businesses
One is generating £35,000 per annum
The other unit is a large supermarket with an average £30,000 per week turnover
Potential to add uppers (sttp)
Call us now to view
Golden opportunity! Bensons are the sole selling agents of this large freehold building which is two separate commercial premises. One unit is currently let producing £35,000 rental income per annum and the other is a supermarket with approximate takings of £30,000 per week which the incoming purchaser could take over or let! The building has upper apartments currently, however we feel that an incoming purchaser cold apply for permission to build further apartments by way of adding a further floor thus generating more income! This is subject to planning being obtained by an incoming purchaser and the seller is happy to grant a time period to explore various options to add value. EPC Rating C. Tax Band tbc.
Golden opportunity! Bensons are the sole selling agents of this large freehold building which is two separate commercial premises.
One unit is currently let producing £35,000 rental income per annum and the other is a supermarket with approximate takings of £30,000 per week which the incoming purchaser could take over or let!
The building has upper apartments currently, however we feel that an incoming purchaser could possibly apply for permission to build further apartments by way of adding a further floor thus generating more income! There is income from the existing flats by way of ground rent by way of freehold. However they are independently owned.
This is subject to planning being obtained by an incoming purchaser and the seller is happy to grant a time period to explore various options to add value. (no guarantees can be given) EPC Rating C.
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