FREEHOLD RETAIL INVESTMENT
WITH UPPER PARTS
- Busy Location on Church Street
- Excellent public transport facilities
- Close to all major facilities in Croydon including the Whitgift Centre and Centrale
- Ground floor retail unit with office/storage space on the first floor
- Potential first floor convertion to residential (STPP)
95 Church Street, Croydon, Surrey, CR0 1RN
The property is situated on the south side of Church Street which runs west from North End Croydon and is therefore close to all major facilities in Croydon which include the Whitgift Centre and Centrale. Major multiple retailers are represented close by and these include Lidl, Argos and McDonalds.
Church Street benefits from good pedestrian flow and is also on a tram route thus ensuring a high degree of visibility. The surrounding area is a densely populated residential area with new residential developments close by.
Croydon is situated approximately 10 miles south of Central London and 8 miles to the north of junction 7 of the M25. Road communications are good with the A232 providing access to Junction 4 of the M25 approximately 12 miles to the east. The A23 provides access to Central London to the North and Junction 7 of the M25 to the South.
The property comprises a mid terrace two storey brick built property with a flat roof. the property is arranged to provide a ground floor retail unit with office and storage space on the first floor, this could be converted to residential (STPP).
The unit has been trading as a hair salon with ancillary accommodation to the rear. The ground floor retail unit has customer and staff wc facilities. There is a yard to the rear served by an access road.
The first floor is currently accessed via the retail unit and forms two rooms currently in use as offices/Storage space.
THE APPROXIMATE NET INTERNAL AREAS ARE AS FOLLOWS
GROUND FLOOR (NIA)
63.39 sq m
682 sq ft
FIRST FLOOR (NIA)
33.71 sq m
363 sq ft
96 sq ft
The freehold interest is available for sale with full vacant possession at a price £390,000, plus VAT (if applicable) Subject to Contract.
According to the Government website the property has a Rateable Value of £8,300. The UBR for 2019/20 is 49.1p in the £.
Each party to be responsible for their own legal costs.
Energy Performance Certificate:
Full information is available upon request.
For further information, or to arrange an inspection please contact Sole Agents Gildersleve & Payne
Tel 020 8686 4400
Contact: Nick Payne MRICS
David Sutton BA (Hons)
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