Limpsfield Road, Sanderstead
Guide Price £525,000

FREEHOLD FOR SALE - Rare opportunity to acquire freehold premises in Cranleigh Parade situated in the heart of Sanderstead Village.

Business unaffected

Shop with Retail A1 use - Full repairing and insuring lease - 10 year term from 2 July 2014
Current Rent £14,496 - 3 yearly rent reviews (this new rent started on 1 Feb 2021)

EPC Rating 43 Cranleigh Close (flat) D
EPC Rating 43 Limpsfield Road shop D

Location:
The propery occupies a good central position in the heart of Sanderstead Village parade of commercial businesses along the main B269 Limpsfield Road in South Croydon. The High Street has short term street parking and is on a main bus route running to both Selsdon, Warlingham and Croydon.

Description:
A rare opportunity to acquire a Freehold Premise in Cranleigh Parade, situated in the heart of Sanderstead Village.
Shop Lease with A1 use - Full repairing and insuring lease : 10 Year Term commenced 2 July 2014- Current rent £13,200 per annum with 3 yearly rent reviews (due January 2021).
Rateable Value - £14,000 - A mid terraced building occupying a ground floor shop (Hair Salon) with separate rear access to a self-contained flat on first floor. In addition, there is vehicular access via a rear service road with private parking. Ground Floor Shop Internal Width 20'3 Shop & Built Depth 48.7' Internal Salon, Utility Room, Kitchen, W/C & Storage with rear access - First Floor Flat 2 Bedrooms, Kitchen, Lounge, Dining Hall, Bathroom with potential STPP to create further accommodation into roof space.