The properties are situated at the junction of Croydon Road (A232) and Plough Lane (B272) Beddington. approximately midway between Croydon and Wallington.
The centre of Wallington with comprehensive shopping and leisure facilities including a railway station serving Central London is approximately one mile to the south west.
The properties available form part of a local Parade of 21 shops with residential upper parts arranged over ground, first and second floors with some smaller original additions to the rear.
Access to the split level flats are via two central doorways at the front which lead to enclosed stairways to the rear and covered verandas.
Access to the rear is via a drive from Collyer Avenue.
The flats also have egress to a rear yard beyond which is a block of garages, some of which are included within the sale.
All mains services are connected to the properties.
A summary of the Tenancies is set out below:
In summary all the retail units are let on effective Full Repairing and Insuring Leases:
Flat numbers 12A, 13A and 14A are sold on Long Leases with approximately 148 years unexpired.
Numbers 15A and 16A are let under Assured Shorthold Tenancies
Four of the garages are included within the shop leases and the other three are let to individuals on monthly tenancies.
The Freehold Interest is available for sale subject to the Tenancies as set out above.
£925,000, plus VAT (if applicable), Subject to Contract.
Each Party to be responsible for their own legal costs incurred in this transaction.
ENERGY PERFORMANCE CERTIFICATE
Further information awaited.
FOR FURTHER INFORMATION on the Commercial Leases, Residential Leases, Assured Shorthold Tenancies, Title Plans and other Information please refer to the Dataroom:xxxxxxx
Property Misdescriptions Act 1991 Please note the agents have not carried out a survey, have not made planning enquiries nor tested any of the equipment, apparatus, fixtures, fittings, services or land and are therefore not able to verify their condition, or suitability for their purpose
Code of Practice Applicants should be aware that the code of practice on commercial leases in England and Wales strongly recommends you seek professional advice from a qualified Surveyor, Solicitor or Licenced Conveyencer before agreeing or signing a Business Tenancy Agreement. The Code is available through professional institutions and trade associations or through the website www.leasingbusinesspremises.co.uk