Property photos
Just added
Guide price
£420,000
Retail premises for sale
15 Bywood Avenue, Croydon, Surrey CR0Local area information
Property location
Nearby amenities
- Monks Orchard Primary School 0.2 miles
- Marian Vian Primary School 0.5 miles
- Elmers End 0.7 miles
- Birkbeck 1.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Woodside Park to find out more about the local area.
Features and description
- Long leasehold (962 years remaining) mixed-use building.
- 1x commercial unit & 1x 2-bedroom flat with potential to convert to a small HMO (sttp).
- Commercial unit let at £15,000pa.
- Vacant possession of flat above (erv c.£17,400pa or c.£22,200pa configured as a small HMO).
- Located on a local retail parade in Croydon opposite Tesco Express.
- Guide price: £420,000 (7.71% yield as is or c.9% yield in a HMO configuration).
A long leasehold mixed-use building for sale comprised of a ground floor commercial unit, operating as Bywood Kebab House, and vacant two-bedroom flat above.
The commercial unit is let at £15,000pa on a newly incorporated lease of 20-years. The ground floor measures circa 612sqft. Layout wise, the unit has a front retail and seating area, kitchen, and prep station as well as additional storage, w/c facilities and rear access. There is a further storage shed to the rear of the property which is used and retained by the commercial tenant. Parking around the property is free of charge
and continuously available in surrounding roads without restrictions.
The two-bedroom flat above measures circa 488sqft and is accessed from the rear of the property via a roadway off the adjacent Chaffinch Avenue. Offered vacant, the erv for the flat is £1,450pcm / £17,400pa as is. There is potential to convert the flat to a small HMO subject to planning permission which could bring the erv up to £22,200pa and raise the yield to circa 9%.
The commercial unit is let at £15,000pa on a newly incorporated lease of 20-years. The ground floor measures circa 612sqft. Layout wise, the unit has a front retail and seating area, kitchen, and prep station as well as additional storage, w/c facilities and rear access. There is a further storage shed to the rear of the property which is used and retained by the commercial tenant. Parking around the property is free of charge
and continuously available in surrounding roads without restrictions.
The two-bedroom flat above measures circa 488sqft and is accessed from the rear of the property via a roadway off the adjacent Chaffinch Avenue. Offered vacant, the erv for the flat is £1,450pcm / £17,400pa as is. There is potential to convert the flat to a small HMO subject to planning permission which could bring the erv up to £22,200pa and raise the yield to circa 9%.
More information
Listed by
Acorn - Bromley Commercial
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Acorn - Bromley Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Acorn - Bromley Commercial for full details and further information.