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2 - 2a High Street, London, SE25 6EP

Guide Price
£450,000

Business rates & charges may apply

BidX1 Commercial, Covering UK
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SECTOR

Mixed use property for sale

Key features

  • Freehold investment
  • Two shops and x3 flats (two flats have been sold off on long leases)
  • Suit investors
  • Believed to be reversionary - asset mangement opportunity
  • Currently producing £35,863.52 per annum

Description

A three storey, end of terrace property of traditional construction, with retail on the ground floor and residential accommodation above. There are X2 shops, trading as Kings Dry Cleaners and Pizza Plus Pizza and X3 flats above (two flats have been sold off on a long lease - refer to the legal pack). There is X1 one bedroom flat that is let out on an Assured Shorthold Tenancy. The flats have separate access via a secure gate to the side of the building leading to rear.


Location:

South Norwood is located 7.8 miles south-east of Charing Cross, north of Woodside and Addiscombe, east of Selhurst and Thornton Heath, south of Crystal Palace/Upper Norwood and Anerley, and south-west of Penge.

South Norwood is referred to as "South London's best-kept secret" - a town in easy reach of Central London, with peaceful green spaces, lakes and tree lined streets. A suburban Surrey development on the edge of the London Borough of Croydon, around 9 miles south of central London, it is one of the greenest areas in London, with the south east border dominated by a 125 acre country park.

The properties are located on the north side of High Street (A213) near its junction with Oliver Grove. Nearby occupiers include Costa Coffee, Greggs and Subway.

2 - 2a High Street, London, SE25 6EP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Norwood Junction Station0.1 miles
  • Selhurst Station0.7 miles
  • Harrington Rd Tram Stop0.7 miles

About BidX1 Commercial, Covering UK

Henry Wood House, 4-5 Langham Place London W1B 3DG

Notes

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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call BidX1 Commercial, Covering UK on 020 3909 9740.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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