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Croham Rd 16,253 SF 100% Leased Office Building Crowborough TN6 2RW $2,397,063 ($147.48/SF) 5.83% Cap Rate
Investment Highlights
- Prominent location near High Street
- Connectivity via nearby A26
- Small car park to rear
Executive Summary
Opportunity to acquire a substantial mixed-use investment. 8 contemporary apartments and 1 commercial unit with gated parking to the rear. Total income £107,100 per annum.
An attractive stone-faced building with 1980s built three storey extension to the rear. Previously used as a solicitors office, the building was converted by our client in 2020.
An attractive stone-faced building with 1980s built three storey extension to the rear. Previously used as a solicitors office, the building was converted by our client in 2020.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Subtype
Office/Residential
Building Size
16,253 SF
Building Class
C
Year Built
1850
Price
$2,397,063
Price Per SF
$147.48
Cap Rate
5.83%
NOI
$139,852
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,127 SF
Building FAR
1.48
Lot Size
0.25 AC
Parking
7 Spaces (0.43 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
1 1
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Croham Rd
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