Croham Rd
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Croham Rd
5,905 SF 100% Leased Office Building Crowborough TN6 2RW $2,189,361 ($371/SF) 5.83% Cap Rate
Investment Highlights
- Prominent location near High Street
- Connectivity via nearby A26
- Small car park to rear
Executive Summary
Opportunity to acquire a substantial mixed-use investment. 8 contemporary apartments and 1 commercial unit with gated parking to the rear. Total income £107,100 per annum.
An attractive stone-faced building with 1980s built three storey extension to the rear. Previously used as a solicitors office, the building was converted by our client in 2020.
An attractive stone-faced building with 1980s built three storey extension to the rear. Previously used as a solicitors office, the building was converted by our client in 2020.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Subtype
Office/Residential
Building Size
5,905 SF
Building Class
C
Year Built
1850
Price
$2,189,361
Price Per SF
$371
Cap Rate
5.83%
NOI
$127,734
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,953 SF
Building FAR
0.91
Lot Size
0.15 AC
Parking
7 Spaces (1.18 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
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Croham Rd
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