Property Overview:
- Prime Location: Situated at the junction of Croydon Road (A232) and Plough Lane (B272), this freehold property features five shops and five residential flats, showcasing exceptional investment potential.
- Income Potential: The property was fully let on effective full repairing and insuring terms, yielding a solid total current income of approximately £67,000 per annum.
- Additional Features: Included seven garages, enhancing both utility and appeal.
Location:
Beddington is renowned for its scenic surroundings, including Beddington Park and a nearby nature reserve just north of the region. We take pride in offering properties in prime locations. This property provides convenient access to Wallington's amenities and transportation links to London, solidifying its appeal as a sought-after area for investment.
Description:
Part of a local parade of 21 shops with residential upper parts over ground, first, and second floors, the properties featured original rear additions and provided access to split-level flats via central doorways. Each flat offered enclosed stairways and covered verandas, with additional access to a rear yard and a block of garages.
Investment Details:
We are pleased to announce the successful sale of this property. For other investment opportunities or to explore our current listings, please call our Croydon office at: 020 8686 4400.
