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216 Selhurst Rd 1,694 SF 100% Leased Retail Building London SE25 6XU $800,812 ($472.73/SF) 6.59% Cap Rate
INVESTMENT HIGHLIGHTS
- Norwood Junction Railway Station is approximately 150m from the property
- Prominent building on arterial route
- Rail services to Epsom; East Croydon; Clapham Junction; London Victoria and London Bridge
EXECUTIVE SUMMARY
The site has residential development potential, with a large vacant basement and a rectangular area of hardstanding accessible from the rear. The site may be suitable for
conversion or extension, subject to planning permission.
Offers are invited in the region of £600,000 for the freehold interest subject to the existing tenancies.
conversion or extension, subject to planning permission.
Offers are invited in the region of £600,000 for the freehold interest subject to the existing tenancies.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,694 SF
Building Class
C
Year Built
1980
Price
$800,812
Price Per SF
$472.73
Cap Rate
6.59%
NOI
$52,769
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
0.69
Lot Size
0.06 AC
Frontage
22’ on Selhurst Road
AMENITIES
- Smoke Detector
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NEARBY MAJOR RETAILERS
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216 Selhurst Rd
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