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72 Godstone Rd

988 SF Retail Building Kenley CR8 5AA $311,915 ($316/SF)

Investment Highlights

  • A rare opportunity to purchase a freehold commercial property in Kenley Village
  • The property has been operated as a popular cake decorating shop and school for over 30 years
  • Lies between Purley and Whyteleafe in the London Borough of Croydon

Executive Summary

A rare opportunity to purchase a freehold commercial property in Kenley Village. The upper floors of the property have been sold off on a long residential leasehold with 85 years unexpired. The property will be suitable for either an owner operator or an investor alike. The lower ground floor of the property may present opportunity for future residential conversion (STPP).
Layout wise, the upper ground floor area comprises a retail space and office area to the rear. On the lower ground floor there are two large storage rooms, a training room, staff kitchen and WC. To the rear of the property there is a small yard area leading to a double garage. There is access to the rear of the property via a service road that runs along the back of the parade.
The upper floors of the property have been sold off on a long residential leasehold with 85 years unexpired.
The property will be suitable for either an owner operator or an investor alike. The lower ground floor of the property may present opportunity for future residential conversion (STPP).

Attachments

Brochure

Property Facts Sale Pending

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Building Size
988 SF
Building Class
B
Year Built
1990
Price
$311,915
Price Per SF
$316
Tenancy
Single
Building Height
2 Stories
Building FAR
0.73
Lot Size
0.03 AC

Nearby Major Retailers

Co-op
Londis
Tesco Extra
Lloyds Bank
Sainsbury's
  • Listing ID: 30934701

  • Date on Market: 2/12/2024

  • Last Updated:

  • Address: 72 Godstone Rd, Kenley CR8 5AA

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