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No longer on the market

This property is no longer on the market

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Mixed use

Auction
Mixed use
Added > 14 days

Features and description

  • Freehold mixed use investment
  • Includes a ground floor restaurant and four bedroom flat above
  • Established south London parade
  • Close to Norbury railway station
  • Asset management and development opportunities
  • Producing £65,000 per annum
  • On the instructions of James Liddiment and Annika Kisby of Kroll Advisory acting as Joint LPA Receivers
  • Online Auction on Thursday, 23 May 2024

A part three storey and part single storey mid-terraced building of traditional construction beneath a part flat and part pitched roof. The ground floor is arranged as a restaurant with rear kitchen and ancillary accommodation. The first and second floors are arranged as a four bedroom maisonette with internal access from the rear of the ground floor (refer to Planning Details). To the rear there is a single storey garage.


Location:

Norbury is a South London suburb lying approximately 7 miles south of Central London and 3 miles north of Croydon. It can be accessed via the A23, of which London Road forms part and which provides access to Central London to the north and the M25/M23 motorway interchange to the south. Norbury railway station is within a five minute walk of the property and numerous bus routes serve the area. Additionally, London Gatwick Airport lies approximately 23 miles to the south.

The property forms part of an established retail parade on the west side of London Road (A23) between its junctions with Stanford Road and Fairview Road. Notable nearby occupiers include Lloyds Bank, Pizza Hut, Iceland, Cancer Research, Co-op and Paddy Power.


Online Auction on Thursday, 23 May 2024. For further information, such as legal documents and property information, please visit bidx1.com.
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About this agent

BidX1 - Nationwide Auctions
BidX1 - Nationwide Auctions
Henry Wood House, 4-5 Langham Place London W1B 3DG
020 8033 0374
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BidX1 are market-leaders in the digitalisation of property transactions, allowing buyers and sellers across the globe to complete transactions online in the most efficient and transparent manner. We combine industry-leading property expertise with proprietary technology to provide unparalleled levels of transparency, analytics and global reach, challenging the traditional process of marketing and transacting real estate. Our technology facilitates end-to-end online transactions, from listing to exchange of contracts.  To date BidX1 has sold over 20,000 properties through their digital platform, attracted visitors from 173 countries and buyers from 32 countries. A total value of £4 billion worth of property sold has been sold via our digital platform.  BidX1 currently operates in the UK, Ireland, and Cyprus, with further expansion into other European markets planned to meet the demand for an alternative to existing sale processes. BidX1 has a varied customer base, including multiple institutional investors, banks, listed vehicles, receivers, liquidators and propcos, as well as individual private sellers wishing to avail of the transparency and data that the digital platform provides.  Their innovative approach has earned them recognition in the form of a number of accolades, including the Irish Times' New Frontiers Award 2018 and the Investment Award 2018 at the Estates Gazette Tech Awards. BidX1 has also been shortlisted for Newcomer of the Year and Proptech Innovator of the Year at the Property Awards 2019 as well as for Proptech Company of the Year at the PROPS Awards 2019.
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