UNDER OFFER

ON BEHALF OF CYNERGY BANK

DOUBLE FRONTED RETAIL/BANKING OFFICE

VIRTUAL FREEHOLD FOR SALE

* Virtual freehold (999 years long lease from 1st February 2007) for sale 
   with vacant possession.
*  Existing net internal area of 170.42 sq m (1,834 sq ft).
*  High quality fit-out.
*  Car parking for circa 5 vehicles.
*  Rapidly improving South London suburb.
*  Less than 1.5 km south of Croydon town centre.
*  Exceptional public transport links.
*  Less than 5 minutes walk (0.3 km) west of South Croydon Rail Station.
*  23 minutes from Gatwick Airport.

18-24 BRIGHTON ROAD, CROYDON, SURREY, CR2 6AA

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Location:                  
The property is situated on the west side of Brighton Road (A235), just south of the junctions with Waring Road and Selsdon Road in South Croydon, approximately 7 miles from Central London.

The occupiers of the properties in the vicinity include Barclays Bank, Lloyds TSB, Nat West, Tesco Express, Zizzi, Richer Sounds, The Post Office, William Hill and a broad selection of other retail operations, bars, cafes and restaurants.  The main shopping centre in Croydon provides abundant leisure, shopping, entertainment, and restaurant facilities, less than 1.5km to the north of the property.  The historic and well renowned Whitgift School is situated circa 500m to the south-west.

The property benefits from exceptional public transport links. South Croydon National Rail Station is located 300m to the East, providing regular northbound services to Clapham Junction (travel time – 17 minutes), London Victoria (travel time – 25 minutes) and London Bridge (travel time – 33 minutes).  Gatwick Airport is only 23 minutes from South Croydon National Rail Station via East Croydon Station, which itself is only 1.44 km from the subject property.  There are a number of bus services operating from the immediate vicinity providing routes into Banstead, Streatham, Caterham, Warlingham, Sutton, Epsom and Lambeth amongst others.

Croydon is an increasingly up and coming area and has been widely tipped as one of the best places to invest in the UK, with major investment (over £1 billion) including the redevelopment of the main retail area to provide for the construction of a new Westfield Centre and new residential development.                                                   

Description/Accommodation:                                                               
The accommodation comprises ground floor double fronted retail/banking premises arranged as a mixture of open plan and cellular offices finished to a good level of specification with designated car parking via a service road to the rear.

THE APPROXIMATE NET INTERNAL AREAS ARE AS FOLLOWS

Ground Floor Offices

170.42 sq m

1834 sq ft

Terms:
The virtual freehold interest is available for sale (999 year lease from 1st February 2007) with vacant possession and offers are sought in excess of £530,000, plus VAT (if applicable), Subject to Contract.

Business Rates:                                                                                  
According to the Government website the property has a Rateable Value of £32,250.  The UBR for 2019/20 is 49.1p in the £.  (The estimated Rates payable is £15,480 per annum).

Service Charge:
TBC

Legal costs:                                                                                                   
Each side to be responsible for their own legal costs incurred in this transaction.

Viewing                                                                                                 
For further information, or to arrange an inspection please contact Joint Sole Agents
Gildersleve & Payne      Tel 020 8686 4400                 
Contact:  Nick Payne MRICS          Email: nickp@gpcommercial.co.uk
David Sutton BA (Hons)                  Email: davids@gpcommercial.co.uk
or
Gilmartin Ley     Tel 020 8920 9945
Contact Chris Gilmartin                   Email:  chrisg@gilmartinley.co.uk

Property Misdescriptions Act 1991 Please note the agents have not carried out a survey, have not made planning enquiries nor tested any of the equipment, apparatus, fixtures, fittings, services or land and are therefore not able to verify their condition, or suitability for their purpose

Code of Practice Applicants should be aware that the code of practice on commercial leases in England and Wales strongly recommends you seek professional advice from a qualified Surveyor, Solicitor or Licenced Conveyencer before agreeing or signing a Business Tenancy Agreement. The Code is available through professional institutions and trade associations or through the website www.leasingbusinesspremises.co.uk

2 Woodbridge, Smallfield

102b Brighton Road, Purley, CR8 4DB

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