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73 South End

Croydon

£2,000,000

jake@calibreacquire.co.uk

DESCRIPTION

The property comprises a ground-floor commercial unit, previously operated as a licensed bar and restaurant, which is currently vacant. The unit extends to approximately 307 sq m (3,304 sq ft) and includes a main bar room, function room, kitchen, kitchen store, beer cellar, and WC facilities. The estimated rental value is £75,000 per annum. 


Five self-contained residential flats occupy the upper floors and are accessed via an external staircase at 1 and 3 Aberdeen Road. The flats are held on individual AST agreements. Combined residential income is £63,300 per annum at current passing rents. 


Three parking spaces at the rear of the property are held on a 125-year lease from 2014 at a peppercorn rent. The parking is appurtenant to the flats.

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FLOORPLAN

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