Brighton Road, Purley, CR8
£425,000

Guide price

Bedrooms: 2
SUMMARY

A superb investment opportunity to obtain a four bedroom flat and commercial unit which is used as a Chinese takeaway in the heart of Purley.

DESCRIPTION

A superb investment opportunity consisting of a spacious commercial unit which is currently used as a Chinese takeaway and gets an annual income of £22,000. The top floor consists of a four bedroom flat with kitchen and bathroom. The commercial unit consists of two large kitchens and external area to the rear of the property. The whole freehold is being sold by the current owner.

The property is within close proximity of Reedham Station & Purley Station which provides direct links into London Victoria and London Bridge. Purley High Street is a short walk away which provides a Tesco Superstore, Sainsbury's local and array of restaurants and pubs to enjoy. The property is surrounded by greenery with Riddlesdown Common, Kenley Aerodrome and Purley Playing Fields close by and many top performing state and private schools to choose from.

Call Barnard Marcus now to book in your viewing.

Council Tax Band: C Tenure: Unknown

Auctioneer's Comments

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of [%%PERCENTAGE_COST_VALUE%%]% of the purchase price including VAT, subject to a minimum of £[%%MINIMUM_COST_VALUE%%] including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

08433 579964 *Calls cost 5p per min

Barnard Marcus - Sanderstead

Station Approach, Sanderstead, South Croydon, Surrey

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