* Ideal mixed commercial and residential investment opportunity in Penge, se Londo
* The ground floor currently produces £21, 000 pa.
* Commercial renewable lease on ground floor, expiring 2 October 2028.
* Three vacant flats and a cafe' (tenanted).
* With scope to increase rental income to £79, 200pa, once fully let.
Sold S. T. C.
Freehold Mid - Terrace Building (part vacant).
London Borough of Bromley
An attractive investment opportunity, in Penge in South East London, in a
popular location, convenient for Penge town centre, which is about 2. 7miles to
the east, and for Crystal Palace town centre, under a mile to the north west.
The Property is situated on the north east side of Anerley Road, near to the
junction with Anerley Station Road and Minden Road, in the London Borough of
Bromley, approximately 8 miles to the south of Central London.
The area is family friendly, with Betts Park and Crystal Palace Park open
spaces nearby. Crystal Palace triangle is a popular destination for eating
out.
There is a Sainsbury's and Aldi supermarket and local shops, a short walk away
in Penge. On street parking is available in the vicinity.
The London South Circular is about 2. 5km to the north. The nearest station is
Anerley Station, with journey times to London Bridge of about 20 minutes.
The commercial part (let) is a thriving local cafe'. The flats on the first
floor (Flat B), and top two floors (Flat C) are vacant. Especially noteworthy
are the three roof terraces, to the rear aspect. New, replacement boilers and
consumer units have recently been fitted to Flats B and C.
The spacious vacant flat in the basement is considered worthy of a program of
repair and refurbishment.
Cafe' business not affected.
Viewing is recommended. Viewings are strictly by appointment.
Note. A cctv drains survey has revealed a cracked drain.
Price Taylor llp Commercial & Chartered Surveyors provide a comprehensive and
competitively priced personal service tailored to your needs. We deal with
most aspects of residential and commercial property. Contact us for more
information today.
Money Laundering, Terrorist Financing and Transfer of Funds (Information on
the Payer) Regulations 2017. We are required by law to carry out a risk
assessment on successful buyers. The successful buyer will need to provide us
with timely proof of identity and proof of address, and provide us with timely
information about source of funds, and provide us with any other information
that we have a legitimate need for by law. If funds are from a third party
(for example a gift from a relative), this applies to the third party. This
may include engaging the services of third party credit reference agencies to
undertake anti - money laundering checks, which are "soft searches "of your
credit report, and do not affect your credit score.

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