Description

Benson and Partners are pleased to offer for sale the freehold of a shop unit currently generating a rental income of £9000 pa. Included in the freehold are 2 residential premises above. Located on a busy high street near various transport links. The property benefits from 2 storage areas a kitchenette and a rear yard with access. The total area of the shop measures 17'.6" x 46'.2" approx. The yard to the rear measures the full width of the shop.

Letting fees

Admin Free £350.00
One Months Deposit
Six Month Dilapidation Deposit

Property features

  • Shop Unit
  • Generates £9000 pa rental Income
  • Located on a busy high street
  • Near various transport links
Travel time to work:

  • Norwood Junction - 0.80km, 12 mins walk
    • Overground
  • Elmers End - 1.33km, 20 mins walk
    • National Rail
  • Birkbeck - 1.45km, 22 mins walk
    • National Rail

Rental Yield

Average rental value

£159pw

Average weekly rent of nearby studios.

Annual rental yield

3.9%

Gross yield if rented for the average rent.

Sale price

We don't have average sale prices for studios in this area. Sorry!

Price growth

Last 5 year price growth

Property prices in this area have increased at this rate per year over the last 5 years.

Estimated Value in 5 years

If historic price growth continues, this property could be worth this much in 5 years.

Similar properties within 500m

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Marketed by

Benson & Partners
49 Lower Addiscombe,, CR0 6PQ

020 8166 7682

Contact agent