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Retail Office, Assured Shorthold Tenancies, Development - Residential, Terraced House for Sale

Stroud Road, South Norwood, London, SE25

Available
£950,000.00 £703 /sf
1,351 sf
Retail Office, Assured Shorthold Tenancies, Development - Residential, Terraced House for Sale

Stroud Road, South Norwood, London, SE25

Available
£950,000.00 £703 /sf
1,351 sf
The property is a substantial three storey corner site and basement of traditional construction consisting of a commercial unit over ground and basement and x4 flats above (No.34). Next door is a two storey mid-terraced four bedroom house (No.36). There are large rear gardens with rear access to each property. The properties are part occupied (refer to the legal pack).
At No.34 there is a vacant corner commercial unit/offices on the ground floor that totals about 87.30 sq m (940 sq ft) and basement 38.11 sq m (411 sq ft). On the floors above there are four flats arranged over the first and second floors that are self contained. All have their own living room/bedroom and kitchen but share bathroom located on each floor. The property has the potential to be re-developed, extended to increase the number of units and improving the income. The commercial may also have an alternative use, subject to any necessary consents.
No.36 is a 4 bedroom two storey mid-terrace house of traditional construction. The property is in need of refurbishment, but could possibly form part of No.34 to make a larger development - subject to getting vacant possession and necessary consents.

Location

Woodside is an area in south in the London Borough of Croydon. It is between Addiscombe and South Norwood. It is south of South Norwood, west of Shirley and Monks Orchard, north of Addiscombe, and east of Selhurst. Woodside is nowadays a suburban district of residential streets based around Woodside Green.
The property is located on the junction of Stroud Road and Woodside Road, just off of the B243 and two miles from Croydon Town centre in a residential area. The area is served by two Tramlink stops - Woodside and Blackhorse Lane.The nearest rail station is Norwood Junction, located to the north in South Norwood.

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Retail Property for SaleLondonSouth NorwoodStroud Road, South Norwood, London, SE25Available