For Sale

56 Central Parade, New Addington, Croydon, Surrey

£2500000 Guide Price
Minimum Size: 6002 Sq Ft
Maximum Size: 6002 Sq Ft

Call the commercial team on 020 8401 1000


Two sites, each comprising five flats - available virtual Freehold for sale. The portfolio of flats are being sold off on individual 999 year Leases, subject to a peppercorn Ground Rent. Guide Price: £2.5 Million.



Central Parade is conveniently located in a densely populated residential area, with thriving retail and leisure facilities in the vicinity, good transport links for bus routes and the Tramlink (New Addington) which offers direct links to Croydon, Wimbledon and Beckenham Junction mainline BR Stations, all with fast regular services into both Central London and Gatwick. Both Selsdon High Street and Croydon Town Centre are in close proximity and offer a wide variety of shops, bars, restaurants, golf and leisure facilities.


Accommodation


·1-Bed Flat 56a 474 Sq Ft
·2-Bed Flat 56b 517 Sq Ft



Amenities


· 10 individual flats on new 999 year Ground Leases
· 56 Central Parade - Subject to the existing Company Lets
· 27 The Drive - Subject to the existing ASTs
· Current rental income: £119,806.56 per annum exclusive



Downloads


Brochure EPC



Location



Terms


The ten flats are available as one lot, long leasehold for sale, with each flat being sold off on a 999 year Lease with a peppercorn Ground Rent.



Centro Plc, Mid-Day Court, 30 Brighton Road, Sutton, Surrey, SM2 5BN
Tel. 020 8401 1000  E-mail: info@centro.plc.uk