Freehold commercial & residential investment
Prominent corner building comprising a shop and 2 flats
Shop fitted to a good standard with modern shop front
Flats refurbished in 2014 including modern kitchens and
Includes yard, parking and 2 storey outbuilding to rear
Total current rents of £29,400 per annum
Freehold price £485,000 (subject to contract)
Caterham is an affluent commuter town situated in East Surrey, providing a wide
range of amenities, retail and restaurant options.
The premises are situated within a well known local parade of shops fronting the
Chaldon Road in Caterham on the Hill. There is a good range of independent
retailers close by.
Caterham benefits from good road and rail connections with the A22 and
Junction 6 of the M25 close-by at Godstone. The M23 and Junction 7 of the M25
is also close-by at Merstham. There is a Mainline Railway Station in Caterham
Valley providing regular services to Croydon and Central London.
An attractive mixed-use investment with potential.
The premises comprise a prominent, corner 2-storey building with a
ground floor shop which has been fitted out to a good standard and
benefits from a modern shop front, kitchen and toilet.
There is a spacious 2-bedroom flat on the first floor with its own
separate entrance. There is also a self-contained 1-bedroom flat at
the rear on the ground floor with access from London Road. Both flats
were refurbished in 2014 and benefit from modern kitchens and
bathrooms and good decorations. There may be potential to extend
into the attic space, subject to obtaining any necessary consents.
In addition, there is a good-sized rear yard and parking area and a 2-
storey outbuilding which is currently used for storage but may have
potential for residential development, subject to obtaining any
necessary planning consents.
The EPC ratings are as follows: