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Shirley Road

4 Retail Properties Offered at £1,500,000 in Croydon

Shops & Retail Properties Croydon Shirley Road

Investment Highlights

  • Opportunity to acquire four shops with forecourt parking, flats above, and yards to the rear.
  • The properties have potential to be redeveloped subject to planning permission
  • The properties benefit from vehicular access between 66 & 68 Shirley Road
  • Great transport links

Executive Summary

Opportunity to acquire four shops with forecourt parking, flats above, and yards to the rear. The properties benefit from vehicular access between 66 & 68 Shirley Road. All four properties are currently occupied on individual 10 year FRI leases, with 5 yearly rent reviews. Rent reviews at 66, 68 & 70 have recently been concluded and a short-term lease renewal by reference at 64 has also recently completed, increasing the overall income to £78,000 per annum.

Attachments

Property Details Feb 23 (HSE Landscape) (30021)

Property Facts

Price £1,500,000 Individually For Sale 0
Price / SF £258.75 / SF Total Building Size 5,797 SF
Sale Type Investment Tenure Freehold
Status Active Total Land Area 0.14 AC
Number of Properties 4
Price £1,500,000
Price / SF £258.75 / SF
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 5,797 SF
Tenure Freehold
Total Land Area 0.14 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
64 Shirley Rd, Croydon CR0 7EP Retail 1,177 SF 1961 -
70 Shirley Rd, Croydon CR0 7EP Retail 1,224 SF 1925 -
68 Shirley Rd, Croydon CR0 7EP Retail 2,324 SF 1920 -
66 Shirley Rd, Croydon CR0 7EP Retail 1,072 SF 1930 -
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+44 20 3823 6738

  • Listing ID: 22038383

  • Date on Market: 22/01/2021

  • Last Updated:

  • Address: Shirley Road, Croydon, LND

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Shirley Road
+44 20 3823 6738 x

Shirley Road

Michael Angus

+44 20 3823 6738

+44 20 3823 6738

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