£175,000
Property for sale
Property photos
Freehold
Offers over
£175,000
Property for sale
2 Selhurst Road, London, Greater London SE25Local area information
Property location
Nearby amenities
- Broadmead Primary School 0.1 miles
- The Crescent Primary School 0.1 miles
- Selhurst 0.2 miles
- Thornton Heath 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Selhurst, Thornton Heath and Bedford Park to find out more about the local area.
Features and description
- Freehold
- Freehold Commercial Unit (Use Class E)
- Corner Positioned Unit with Plenty of Frontage
- Ground Floor sized at c.775sqft (c.72sqm basement included)
- Currently let at £10kpa with 3 months' notice (outside of the act)
- Erv is c.£15k/£16kpa (c.8.6-9% gross yield)
- Offers in Excess of £175,000
A unique opportunity to acquire this commercial unit in a well-known South London area, South Norwood, which is housed within the ground floor of this period 2-storey building. Internally the commercial unit is c.72sqm/775sqft NIA, which is currently occupied by a hair/nail salon who are holding over on a lease (outside of the act) with only a 3-months' notice required. The commercial tenant is currently paying £10kpa, with the erv expected to be c.£15k/£16kpa (c.8.6/9% gross yield). Vacant possession can be offered. The flat upstairs is sold off on a long lease.
Floor plans and tours
Floor plans (1)
More information
Listed by
Acorn - Bromley Commercial
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