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250A Wickham Rd 570 SF Retail Building Croydon CR0 8BJ $635,217 ($1,114.42/SF) 5.87% Cap Rate
INVESTMENT HIGHLIGHTS
- Freehold investment
- Hands off asset management opportunity
- Strong covenant
EXECUTIVE SUMMARY
Prominently located high street commercial property with space at the rear for parking and a 3/4 bedroom flat above
The Shop is currently on a 5 year lease with 3 years remaining approx. and is being used as a ladies hair dressers (business not affected) with utility room/kitchen and toilet facilities.
The Shop is currently on a 5 year lease with 3 years remaining approx. and is being used as a ladies hair dressers (business not affected) with utility room/kitchen and toilet facilities.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
570 SF
Building Class
C
Year Built
1970
Price
$635,217
Price Per SF
$1,114.42
Cap Rate
5.87%
NOI
$37,311
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.06 AC
AMENITIES
- 24 Hour Access
- Signage
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NEARBY MAJOR RETAILERS
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250A Wickham Rd
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