Commercial Property, Cambrian Court, South Croydon, CR2
Cambrian Court, South Croydon, CR2
Allen Heritage
Description
An excellent opportunity arises with this secure single garage, ideally situated in a privately owned, well-maintained block of flats in South Croydon. Offering an internal space of approximately 17’9 by 8’, this garage is perfectly suited for a variety of uses, whether as a reliable storage solution for local businesses, a safe place to house vehicles, or as an asset for investors seeking stable returns. Located within a well-maintained development, the garage enjoys the added reassurance of a tidy and secure environment, with good lighting and well-kept communal areas contributing to both the safety and appeal of the site. The garage is available with vacant possession and is an ideal addition to an investment portfolio or those looking for additional storage solutions.
Investment Information
If you are considering buying this as an investment, you will be interested to know that this garage was previously let at £130 per calendar month, the same figure that other garages in Cambrian Court have achieved, in alignment with similar garages in the area. Obviously, these rental agreements will be subject to the usual rent increases over time.
Internal Floor Space
5.43m (17'10") x 2.33m (7'8")
Additional Tenure Information
The garage is being sold with a lease of approx 999 years, also known as a virtual freehold. The ground rent is peppercorn and will not be increasing.
Key Features
- Garage For Sale
- Ideal For Storage
- Convenient South Croydon Location
- Excellent Investment Opportunity
- 17'10 x 7'8 of Internal Space
- Within a Well Maintained Block
Property Details
- Property type: Commercial Property
- Price Per Sq Foot: £183
- Approx Sq Feet: 137 sqft
- Council Tax Band: TBD
- Tenure: Leasehold
- Lease Expiry: 01/01/3024
- Ground Rent: £0.00 per month
- Service Charge: Not Specified
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