Mixed use for sale
Property description & features
- 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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