FREEHOLD SHOP
AND LAUNDERETTE BUSINESS 
FOR SALE

  • Freehold shop in busy location
  • Well established and successful business for sale

291 LOWER ADDISCOMBE ROAD, CROYDON, SURREY, CR0 6RE

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Location:
The property is situated on the south side of Lower Addiscombe Road within easy walking distance of the Addiscombe Tramlink.   This is a busy thoroughfare with good public transport facilities and short term metered parking  available immediately outside the property.

The parade consists of a number of multiple and independent retailers that include Sainsburys Local, Boots and Greggs.

Description/Accommodation:
The accommodation consists of a good sized open plan retail unit with plant room/ancillary area to the rear.

THE APPROXIMATE NET INTERNAL AREAS ARE AS FOLLOWS

RETAIL/SALES 47.66 sq m 513 sq ft
PLANT ROOM /ANCILLARY 25.93 sq m 279 sq ft
TOTAL 73.59 sq m 792 sq ft

The Business:
This is a well established and successful business that has been operating from this location for over 30 years and is available due to the planned retirement of the current owners.  Offers are sought in the region of £65,000 for the goodwill, fixtures/fittings and all equipment, plus VAT (if applicable).

Terms:
The freehold interest is available for sale in the sum of £265,000 plus VAT (if applicable), Subject to Contract.

Business Rates:   
According to the Government website the property has a Rateable Value of £12,500.  The UBR for 2018/19 is 48.0p in the £.

Legal costs:           
Each party to be responsible for their own legal costs.

Energy Performance Certificate:      
Full information available upon request.

Viewing   
For further information, or to arrange an inspection please contact Sole Agents Gildersleve & Payne
Tel 0208 686 4400
Nick Payne MRICS    Email: nickp@gpcommercial.co.uk
Or David Sutton BA (Hons) Email: davids@gpcommercial.co.uk

Property Misdescriptions Act 1991
Please note the agents have not carried out a survey, have not made planning enquiries nor tested any of the equipment, apparatus, fixtures, fittings, services or land and are therefore not able to verify their condition, or suitability for their purpose

Code of Practice
Applicants should be aware that the code of practice on commercial leases in England and Wales strongly recommends you seek professional advice from a qualified Surveyor, Solicitor or Licenced Conveyencer before agreeing or signing a Business Tenancy Agreement. The Code is available through professional institutions and trade associations or through the website www.leasingbusinesspremises.co.uk

2 Woodbridge, Smallfield

291 Lower Addiscombe Road, Croydon, Surrey, CR0 6RE

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