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3 Russell Parade, Surrey, CR8 2LE
For Sale £650,000 Asking


A mid terraced building occupying a ground floor shop with separate rear access to a self-contained flat on first and second floors. In addition, there is vehicular access via a rear service road with private parking for 3 cars. ACCOMMODATION Ground Floor Shop Gross Frontage 20'3" Internal Width 18'7" Shop & Built Depth 80'0" External WC & Disused WC 1,360 sq. ft. approx. First and Second Floor Flat: 5 Rooms, Kitchen, Bathroom, WC Just over 1,000 sq. ft. approx. TENANCY The retail unit is let on a FRI lease to t/a Carlton Fireplaces for a term of 25 years from 16-Sept 2005 (by way of a reversionary lease) at a current rent of £18,000 pax. The upper parts are let on a management agreement at LHA rate, just over £20,700 per annum

3 Russell Parade, Surrey, CR8 2LE

Purley is 3 miles south of Croydon and 12 miles south of central London and benefits from good road links via the A22. Purley Railway Station (Southern and Thameslink) lies just 300 yards away.

For Sale £650,000 Asking

Freehold Subject to existing lease

Business Rates

Energy Rating D - Valid Until 2.5.29

Under the Finance Acts 1989 and 1997 VAT may be levied on the purchase price. We recommend that the prospective buyers establish the VAT implications before entering into any agreement.

Via the owners agents PSS Commercial. PSS kindly asks that all attendees must wear a mask at appointments and follow social distancing rules. Do not book an appointment if you or someone you have been in contact with is displaying possible Coronavirus (Covid-19) symptoms.

3 Russell Parade, Russell Hill Road, Purley, Surrey