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- South End, Croydon, CR0

Guide Price £875,000 (L)

Contact your local agent

Horsham

Nicholas Hapgood

Director Henry Adams HRR Ltd

01403 253271

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Key features

Residential Investment Comprising x3 flats
Currently producing a rent of £49,500 pa exclusive
Located approximately 10 miles from the City Centre

01403 253271

Referral Fees

Full description

A prominent three storey building comprising three let commercial retail units over ground floor and four self-contained flats over first and second floors, two on each floor. Please Note: The commercial units and one of the four flats are excluded from this sale.

ACCOMMODATION

First Floor

Flat A Sold off on a long leasehold interest*

Flat B 3-bedrooms totalling 815 sq ft (75.89 sq m)

Second Floor

Flat C 3-bedrooms totalling 815 sq ft (75.89 sq m)

Flat D 3-bedrooms totalling 815 sq ft (75.89 sq m)

*There are approximately 80 years remaining, the annual ground rent is currently £100

Total rental income - £49,500 per annum exclusive

TENURE

A new 150 year long leasehold interest to be granted by the freeholder, subject to the above tenancies.

Situation

Tenancies

Flat A - Sold off on a long leasehold interest.

Flat B - Let on an Assured Shorthold Tenancy agreement at a rent of £1,325 PCM on a 6-month term from 20/11/2021

Flat C - Let on an Assured Shorthold Tenancy agreement at a rent of £1,400 PCM on a 6-month term from 11/11/2021

Flat D - Let on an Assured Shorthold Tenancy agreement at a rent of £1,400 PCM on a 6-month term from 24/11/2021

EPC

Flat B - Rating 69 within Band C,

Flat C - Rating 60 within Band D,

Flat D - Rating 58 within Band D,

(Certificates can be made available by email upon request.)

VIEWING ARRANGEMENTS

By appointment with sole selling agents Henry Adams Commercial, 50 Carfax, Horsham RH12 2QB

Situation

Croydon is a large town in South London, located approximately 10 miles from the city centre. South End forms a vibrant commercial district with over 100 traders, being situated to the immediate south of Croydon¿s main centre. Croydon has undergone significant levels of inward investment in recent years and has developed into a major commercial centre. Transport facilities in Croydon are extensive including East and West Croydon mainline stations, a tram link service linking to Wimbledon, Tube rail network and innumerable bus routes. There are short-term pay and display car parking spaces in the immediate vicinity with a longer-term pay and display car parks nearby.

Agent notes

Agent's Notice - We endeavour to make our particulars as accurate and reliable as possible. They are for guidance only and are intended to give a fair overall summary of the property. They do not form part of any contract or offer and should not be relied upon as a statement or representation of fact. Measurements, areas, plans and distances are approximate only. Photographs and computer generated images show only certain parts and aspects of the property at the time they were taken or created. Neither Henry Adams HRR Commercial Limited nor any of its employees has any authority to make or give any representation or warranty whatsoever in relation to the property. No undertaking is given as to the structural condition of the property or any necessary consents or the operating ability or efficiency of any service system or appliance. Intending purchasers or lessees must satisfy themselves with regard to each of these points. Unless otherwise stated, all prices and rents are quoted exclusive of VAT. Any intending purchasers or lessees must satisfy themselves as to the incidence of VAT in respect of any transaction.

Photos

Details correct: March 2022

Why live in Horsham?

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Horsham strikes the perfect balance with its community facilities and green spaces. There’s a market square at The Carfax complete with traditional bandstand, an abundance of shops, a cinema, theatre, leisure centre and a 60-acre park right in the centre of town.

We have an impressive mix of older properties, including historic buildings from the 1400s and 1500s with later additions from the Georgian, Victorian and Edwardian eras and some stunning artistic properties. Head out along The Causeway and you’ll see every style, from 15th century homes to new builds, on one superb road.

Horsham has many great schools, both state and private, junior and senior. Millais, Tanbridge House, Farlington, Windlesham House, St Marys and Heron Way all have excellent Ofsted ratings and have received equally positive reviews from pupils and parents. There’s a good range of shopping here too, including high street favourites and independent stores and coffee shops. You’ll also find a huge selection of eateries, bars, cafés and pubs in the town and a particularly high density of restaurants along East Street that has given rise to its nickname, ‘Eat Street’.

We have a great tradition of sports in Horsham and, more importantly, of supporting our local teams. Our town is the proud host of Sussex Cricket Club, which frequently plays on the Horsham Cricket Club grounds while the local cricket, football and rugby teams also attract great crowds on match days. If you like walking in beautiful countryside you’ll be spoilt for choice in Horsham while the Southwater Country Park has a Dinosaur Island play area for young families and kayaking and canoeing facilities for older children. The Pavilions in the Park leisure centre has indoor and outdoor heated pools and an aerial adventure course with ropes and a climbing wall. For more cultural pursuits, the Capitol Theatre and Cinema on North Street has a busy calendar of both theatrical productions and the latest movies.

If you’d like to buy, sell or let a property in Horsham, get in touch with your local team and discover the Henry Adams difference for yourself.