LOCATION: – The property is situated on the corner of Gipsy Hill and Westow Hill, one of the main commercial roads forming the Crystal Palace Triangle and in a highly prominent location. Westow Hill is an exceptionally busy thoroughfare and the property benefits from significant volumes of passing vehicular traffic and a good deal of pedestrian flow generated by nearby occupiers including The Sparrowhawk pub, Caffé Nero, Streets Ahead and a nearby public library. There are short term parking bays on Westow Hill. Upper Norwood is an extremely popular commercial centre servicing a densely populated residential catchment that surrounds.
DESCRIPTION: – The property comprises a corner position unit and full height basement currently used as a hair salon but considered suitable for a variety of trades. The basement comprises store areas, a WC and main section. Included in the sale will be a well presented one bedroom first floor apartment with vacant possession. Flats Two and Three are sold off on long leases.
ACCOMMODATION:
Total frontage 5.209m (17ft)
Return frontage 4.249m (14ft)
Maximum internal width 6.490m (21ft)
Maximum shop depth 5.481m (18ft)
Overall sales area 35.571m(383ft²) approx.
Basement 21.073m²(291ft²) approx.
WC
Flat 1
Hallway
Reception/Kitchen
Bedroom
Bathroom
USE/PLANNING: – We understand the property is currently used as a hair salon and will fall within Class E of the latest Town and Country Planning (Use Classes) Order. The property is considered to be suitable for a variety of uses. The apartment is for residential use only.
TENURE: – The property is offered on a freehold basis with vacant possession of the ground floor, basement and flat 1.Flats 2 and 3 are subject to leases expiring in 3005 at peppercorn rents.
PRICE: – Offers in the region of £515,000 are sought for our client’s vacant freehold interest
BUSINESS RATES: – The property has a ratable value of £16,750. Interested parties should contact the local authority to confirm the rates PAYABLE. www.tax.service.gov.uk/business-rates-find/search
EPC RATING: – A new EPC has been commissioned and will be made available.
VIEWINGS: – Viewings by prior arrangement – please telephone 0208 681 2000.
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SE19 1TQ