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Shirley Road 4 Retail Properties Offered at $2,028,178 in Croydon
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.
Property Facts
| Price | $2,028,178 | Individually For Sale | 0 |
| Price / SF | $864.16 / SF | Total Building Size | 2,347 SF |
| Sale Type | Investment | Tenure | Freehold |
| Status | Active | Total Land Area | 0.14 AC |
| Number of Properties | 4 |
| Price | $2,028,178 |
| Price / SF | $864.16 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 2,347 SF |
| Tenure | Freehold |
| Total Land Area | 0.14 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 66 Shirley Rd, Croydon CR0 7EP | Retail | 643 SF | 1930 | - |
| 70 Shirley Rd, Croydon CR0 7EP | Retail | 612 SF | 1925 | - |
| 68 Shirley Rd, Croydon CR0 7EP | Retail | 550 SF | 1920 | - |
| 64 Shirley Rd, Croydon CR0 7EP | Retail | 542 SF | 1961 | - |
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