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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.
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 as vacant or potentially with tenant in situ. Has been let out for £225pw on a long- let.
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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