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Freehold Retail and Residential Investment with Development Consent

52 Central Parade, New Addington, Croydon, Surrey, CR0 0JD

£475,000
Commercial
About this Property
2021-05-06
475000
Traditional
Commercial
Description

Freehold retail and residential investment located at 52 Central Parade, New Addington, Croydon, Surrey, CR0 0JD. This commercial property comprises a ground floor shop with a self-contained two-bedroom maisonette above. The shop is let on a recently renewed 12-year lease expiring in 2033, with no breaks, and has been occupied by the tenant since 2005, ensuring consistent rental income. The area is characterized by an established retail parade, situated close to notable occupiers such as Poundland, Iceland, Dominos, and Greggs. The property includes planning consent for the reconfiguration of the upper floors and the addition of a new roof dormer to provide two flats, as well as the construction of

Location
More Information
Freehold
Central Parade
Planing Authority
Croydon LPA

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