62 Church Road 829 SF Retail Building London SE19 2EZ $1,199,502 CAD ($1,446.93 CAD/SF)

Title:
Freehold Investment Shop and Flat Crystal Palace £650,000

Price:
£650,000.00

Overview:

Freehold mixed use investment comprising a ground floor takeaway with basement and a one bedroom flat above, fully let and producing £32,700 per annum.

Full Description:

An opportunity to acquire a freehold investment property in a prime Crystal Palace location.

The property generates a total income of £32,700 per annum, with potential for further growth through rental uplift on the residential unit.

The commercial unit is let to a busy Lebanese takeaway producing £18,000 per annum, with a lease from 2016 for 20 years and approximately 10–11 years remaining. The rent was reviewed in 2024 and the lease includes 4 yearly rent reviews, with the next review due in 2028.

The first floor flat is let at £14,700 per annum on a periodic tenancy. The property is presented in excellent condition and offers scope to increase the rent in line with market levels.

Internally, the flat comprises an open plan living space, modern kitchen, one bedroom and a bathroom suite, with high ceilings and gas central heating.

The property is located within the Crystal Palace triangle, benefiting from strong footfall, a wide range of amenities, and excellent transport links.

Key Information:
Tenure: Freehold
Price: £650,000.00
Current Income: £32,700.00 per annum
Commercial lease: Approx. 10–11 years remaining
Next rent review: 2028
Residential tenancy: Periodic AST

Disclaimer:

All measurements/dimensions (where provided) are approximate and for guidance only. MujiFat Ltd / MFL cannot take responsibility for any error or misstatement, nor should these particulars be relied upon as a basis for valuation.

References to appliances and/or services do not imply that they are in working order or fit for purpose.

These particulars do not constitute or form part of any offer or contract, and they should not be relied upon as representations of fact.

All interested parties must have their solicitor verify the tenure/lease information, fixtures and fittings, and ensure that all planning and building regulation consents are in order.

In compliance with money laundering regulations, intending buyers will be required to produce identification and documentation at a later stage. We appreciate your co-operation to ensure there are no delays in agreeing the sale.