Home » Property Search » Auctions » 13/12/16 » 1035 London Road, Thornton Heath, Surrey, CR7 6JF

Lot 31 - 1035 London Road, Thornton Heath, Surrey, CR7 6JF

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FREEHOLD COMMERCIAL & GROUND RENT INVESTMENT

Guide price: £150,000 - £160,000 *

Auction Date

Tuesday, 13th December 2016 11:00am

Location & Description

A single storey ground floor lock-up shop trading as 'The Grill Shack' a fast food take-away with two flats above, both sold on long leases.

Forming part of a local retail parade between Galpins Road and Headcorn Road, approximately 2 miles from West Croydon and Streatham mainline train stations.

EQUIVALENT TO £12,150 p.a. WITH RENT REVIEW NOW DUE

Result

Sold for £182,000.

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.

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* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.