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INVESTMENT
£545,000 Freehold Sale
15 Limpsfield Road  Sanderstead  South Croydon CR2 9LA
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Key features

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Description

The property forms part of a parade of similar style buildings thought to have been constructed in the 1930s. The property incorporates a ground floor retail unit which has been let to a national funeral director for in excess of 20 years and vacant upper parts with vacant upper parts with additional rear access and parking area.

Terms

The ground floor retail unit is let to Dignity Funerals Limited by way of a 15-year FR&I lease from 25th March 2020 with provision for a rent review in 2030 and tenant break clauses in 2028 & 2033 subject to six months’ notice. The current rent payable is £21,375 per annum.

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