Freehold retail investment in Croydon with shop and three-bedroom maisonette generating £33,900 PA
Croydon, London
- Status
FOR SALE
- Advert ID
659410
- Reference
N1013 / Rightbiz
- Call Agent:
- Freehold: £695,000
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
FREEHOLD RETAIL INVESTMENT PREMISES CURRENT INCOME £33, 900 PA (ERV £47, 800 PA)
ADVERT TEXTFREEHOLD RETAIL INVESTMENT PREMISES
CURRENT INCOME £33,900 per annum. (ERV £47,800 PA)
LOCATION
Prime High Street position being close to a variety of retail shops, offices and catering establishments.
BUSINESS
Shop with Basement (approx. 1,260 sq ft) Tenanted. Lease expires in May 2027. Passing rent £20,100 per annum. (ERV £25,000 pa)
Self contained three Bedroom Maisonette (total approx. 1,250 sq ft) Tenanted. Passing rent £1,150 pcm (ERV £1,900 pcm)
Contact us for copies of leases, plans etc.
PREMISES
Spacious corner premises comprising ground floor Shop with Basement (approx. 1,260 sq ft)
Self contained three Bedroom Maisonette (total approx. 1,250 sq ft) Arranged over the First & Second Floors. Large Flat Roof.
Small Rear Yard with access to side and rear.
TENURE
Freehold
EPC RATING
Band B
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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