& 10 The Broadway, Beddington

£245,000 Sold

Property Description

  • Two vacant adjoining class A1 retail units
  • Prominent frontage facing busy A232
  • Currently adjoining, could be separated
  • Upper parts of each are subject to long leases
  • Ideal for owner occupiers or investors

LOCATION

The premises are situated on a busy and prominent crescent, just off the A232, Croydon Road linking Croydon/Purley Way and Wallington, just a short walk from Waddon station.

 

DESCRIPTION

Two adjoining retail units with prominent frontage formerly trading combined as a convenience store. The two units are currently arranged as a double shop with internal access. At present they are co-dependent with one set of WC’s and one front door serving the combined unit plus stores and pedestrian doors in each to the rear. The traditional timber shopfront is set behind manual roller shutters. 

 

 

The ground floor retail premises is currently split into two units. Approx measurements as follows;

 

Shop retail depth                      No.9               28’5”          (8.66m)

                                                  No.10             27’8”         (8.43m)

Internal width                             No.9              16’4”          (4.98m)

  No.10                        16’3”          (4.95m)

External frontage                                            34 ‘           (10.36m)

Retail area                                 No. 9             464 sq ft   (43.11m2)

Retail area                                 No.10                        450 sq ft   (41.81m2)

Rear stores     `                                               273 sq ft   (25.36m2)

                                               

 

 

APPROX. RETAIL AREA OF COMBINED UNITS 914 sq ft (84.91m2)

 

 

RESIDENTIAL UPPER PARTS

The residential upper parts comprise Flat 9a above 9 The Broadway and 10a above no 10. These are each self contained two storey flats that have previously been sold off on long leases.

 

 

TENANCIES

10a: Self contained flat is subject to a 125 year lease granted from and Inc 25.3.11 at a commencing ground rent of £250pa. A copy of the lease is available.

 

9a: We are advised that this self contained flat is subject to a 125 year lease but are awaiting clarity and details. We are advised that similar terms to that of 10a apply. A copy of the lease will be available.

 

TENURE

We are instructed to sell the Vendors freehold interest in the two adjoining properties (we are advised under title no’s SGL479235 & SGL478614 with vacant possession of the ground floor units on completion and with the upper parts subject to said leases

 

 

PRICE

£245,000 Subject to contract for the combined purchase

 

 

VAT

We understand that the premises are elected for VAT.

 

RATES 

9 & 10 The Broadway are listed as having a rateable value of £11,750.

 

EPC

9 The Broadway has a rating of 92 (D)

10 The Broadway has a rating of 74 (C)

 

LEGAL COSTS

Each party are to bear their own legal costs in the transaction.

 

VIEWING 

Strictly by prior appointment only through Joint Sole Agents:

 

ROBINSONS with Martin Brown

www.robinsonsmb.com

Steve Lane 01737 229201

 

Gordon & Co

www.goandco.co.uk

Peter Hieatt 0208 679 1666

 

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