21 Upper Green E - Retail FOR SALE


Mitcham, LND CR4 2PE
$290,000 USD
21 Upper Green E, Mitcham, LND for Sale
$290,000 USD
Retail - FOR SALE
1/12
null | 3.44% Cap Rate

21 Upper Green E
Mitcham, LND CR4 2PE


HIGHLIGHTS

  • Lots of Natural Light
  • Heavy Day Time Foot Traffic

OVERVIEW

Located in Mitcham town centre within a parade of shops off the one-way system. Near to multiple shops including the town centre shopping area. Walking distance to dense residential developments. The 3 floor building is made up of a food takeaway on the ground floor and a flat on the upper floors. The first and second floors consists of a vacant 2 floor flat requiring modernisation throughout. Access to the flat is from the rear of the building via the side alleyway. There is a large garden at the rear with potential to build an extension, subject to obtaining planning consent. Ground floor: Expired FRI lease holding over since November 2024 on a rent of £10,000 per annum. The lease is subject to the Landlord and Tenant Act 1954. The energy performance certificate (EPC) expired in November 2024 and had a rating of C. First floor and Second Floor: Vacant. EPC rating D (66). Measurements (approximate): Gross Internal Area 105m² (1131ft²) Ground floor: Ghanaian Food Takeaway 1st & 2nd floor: 2 Bedroom Flat Development Potential Potential to add a rear extension, subject to planning.

FOR SALE DETAILS

PRICE

$290,000 USD

PRICE/SF

$256 USD /SF

CAP RATE

3.44%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Charlie EdwardsBells Chartered SurveyorsMore Info

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Charlie EdwardsBells Chartered SurveyorsMore Info

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