Summary - 4-5, STATION APPROACH CR2 0QD
1 bed 1 bath Takeaway
**Standout Features:**
- Ground floor takeaway unit with contemporary shopfront
- Established rental income of £9,828 p.a.
- Gross Initial Yield: 6.55%
- Positioned directly opposite Purley Oaks Train Station, ideal for commuters
- Surrounded by local amenities including cafés, restaurants, and shops
- Freehold tenure
**Concerns:**
- Lease has only 5 years remaining, which may limit financing options
- Broadband speeds are slow
- Current condition requires minimal updates for immediate operation
This ground floor takeaway unit offers an excellent investment opportunity with a solid rental yield of 6.55%, generating an annual income of £9,828. Situated conveniently opposite Purley Oaks Train Station, it boasts significant foot traffic and accessibility, making it ideal for a variety of culinary endeavors. The unit features a modern interior and provides functional space for both service and a small waiting area, perfectly suited for a thriving business.
However, potential buyers should note the limited lease term, which may complicate mortgage availability and future investment potential. While currently well-kept, a new owner might consider minor renovations to enhance the business appeal or increase service capacity. The surrounding affluent area enriches the property’s value, ensuring a vibrant atmosphere with a low crime rate and access to established local amenities. Don't miss out on this promising commercial space—opportunities like this don’t last long!
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