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Excellent investment opportunity.
Purchase of Retail unit, a 1 bedroom garden flat & freehold for whole building collecting ground rent from maisonette above. For sale in parade of shops on the ever busy Chipstead Valley Road.
Retail Unit; A1 & Sui Generis usage. Commercial, glass fronted shop, with secure electric roller shutters - recently fitted out to high spec.
Located in an ideal location in a parade of shops such as Londis, an italian cafe, hairdressers, bike shop, petrol garage, bakery and chemist.
Less than 5 mins walk from Woodmansterne train station and directly outside is a bus stop. There is also free parking available on the roads surrounding.
Access to the motorway system is 5 minutes drive away, via the M23 at Hooley to the south just before it intersects with the M25 at junction 7.
The property comprises a retail shop on ground floor with a glass frontage, kitchette and WC to the rear. - recently refurbished to suit business of a beauty salon. Sold with tenant in situ on a 5 year lease, annual rental income of £10,400. Great returns on your investment with immediate income.
1 Bedroom flat, utility room, bathroom, 1 double bedroom, open plan kitchen and living room with raised dining area. Patio garden. Double glazed with electric heating.
Sold with tenant in situ. Has been let out for £866pcm on a 6 month tenancy.
Purchase of the freehold for the whole building. Collecting ground rent of £120 per annum from top floor maisonette on a long lease - 115 years
Potential to let out the flat or re-sell as a separate with a new lease.
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