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116 Orchard Way, Croydon CR0 Investment/Development for sale


Property description

    Property features

  • Investment/Development
    (Mixed use)
  • Dimensions: 321 m2
    (3455 ft2)

An end of terrace freehold mixed use property comprising an 'A4' public house to the ground floor together with a self-contained 4 bedroom flat to the first floor. The public house is accessible by Orchard Way and Radnor Walk, the flat is also accessible via a private staircase from Radnor Walk. The vendor has submitted a pre-application for further residential flats, details are available on request.

Location: Shirley is a suburb of South East London within the London Borough of Croydon, which is principally served by the A232. The subject property is situated in the heart of the residential area of Shirley, within a local shopping parade. A good sized Co-operative local is also close by. The area immediately surrounding comprises predominantly residential properties.

Business rates: We have been advised that as of April 2017 the rateable value of the property is £20,500 Rates payable for this financial year are estimated to be in the region of £9,550.

Sale: The premises are available to purchase on freehold basis. The asking price for the freehold purchase is £799,000 subject to contract and vacant possession.

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