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467 Norwood Road
West Norwood
London
SE27 9DJ
Retail - Other For Sale 525 ft sq (Approx 48.77m sq)
£ 210,000.00 Leasehold Occupied

THE PROPERTY IS SET IN A MIXED PARADE SITUATED ON THE EAST SIDE OF NORWOOD ROAD WITHIN WEST NORWOOD’S MAIN SHOPPING AREA. BUILT IN THE LATE 1890S THE PROPERTY IS A 4 STOREY TERRACE BUILDING. THE PROPERTY COMPRISES A GROUND FLOOR LOCK-UP SHOP WITH BASEMENT AND 3 FLOORS OF RESIDENTIAL UPPER PARTS. THE UPPER PARTS HAVE BEEN SOLD ON AN ORIGINAL 125 HEAD LEASE AT A GROUND RENT OF £300,000.00 PA. THE LOCK-UP SHOP COMPRISES A SALES AREA (525 SQ FT) WITH DISPLAY WINDOW, OFFICE/STORE (135 SQ FT), KITCHEN (50 SQ FT) AND STAFF TOILET. THERE IS A BASEMENT THAT IS OF LIMITED USE. THE LOCK-UP SHOP IS WELL PRESENTED AND BENEFITS FROM AIR CONDITIONING AND REAR ACCESS TO TWO PARKING SPACES. FOR SALE FREEHOLD SUBJECT TO THE LONG LEASE ON THE RESIDENTIAL UPPER PARTS

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GC8863
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