1 Purley Road, Purley, Surrey, CR8 2HA

020 8660 8228

Your Local
Independent
Estate Agent

Your Local
Award Winning
Estate Agent

Mitcham Road, Croydon
Price On Application

Sold STC
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    Mitcham Road
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    Mitcham Road
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    Mitcham Road

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  • Ideal Investment
  • Freehold of Building
  • Two Ground Floor Commercial Units Let On Long Term Lease
  • Approximately 8.2% Return

INVESTORS ONLY - BUSINESS UNAFFECTED - WOULD SUIT CASH BUYER INVESTORS LOOKING FOR A RETURN

Frost Estate Agents are delighted to offer this freehold building which would make an ideal investment providing an annual return of approximately 8.2%.

Stamp duty is just £2,000 on this purchase price. / Leases Available on request

Briefly Comprising

226 Mitcham Road (Right Hand Unit) CRO 3JJ
Lease 20 years from 25.03.17
Rent £12,000 per year
Rent review every 4 years Next Rent Review 25.03.21

226B Mitcham Road (Left Hand Unit) CR0 3JJ
Lease 20 years from 25.12.10
Rent £8,400
Rent review every 4 years Next Rent Review 25.12.22

Flat above (2 Bed)
226B Mitcham Road CRO 3JJ
Lease 189 years from 25.09.1977
Ground rent £100 double every 33 years (Approx 2050 for next rise)


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Mitcham Road
Croydon CR0 3JJ
County: Surrey
Property Status: Sold STC
Ref #: 00004575
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