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66 High Street, South Norwood, SE25 6EB

not specified / Retail / Retail - High Street

Sold - Last updated: 03 January 2023

Freehold retail and residential ground rent investment

Location

On the south side of the busy Norwood High Street

Accommodation

Ground floor retail of 45.14 sq m / 485 sq ft with flats on lower ground, first and second floors.

Terms

The ground floor retail unit is let as a hair and nail salon on a 15 year lease from 6th September 2021 at a rnet of £13,000 p.a.subject to tenant's breaks and rent reviews on 6th September 2026 and 6th September 2031.

There is also a ground rent income of £200 p.a. from the flats.

The freehold investment with a current income of £13,200 p.a. is for sale at £225,000.

 


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