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Key Features
Retail and residential investment opportunity located within the London Borough of Croydon.
Block Viewing Date: A block viewing has been arranged on Friday 29th November 2024. Please email mmorris@shw.co.uk to arrange an appointment.
Ground floor shop let to national charity, Mind, with a self-contained three bedroom flat above.
Shop lease expires October 2028. The shop has an outstanding rent review from October 2023.
Total passing rent of £29,200 per annum.
Possible development potential to convert the upper floors to create an additional residential unit (subject to the existing leases and requisite consents).
Potential to redevelop the rear storage building.
Offers are invited in the region of £450,000, subject to the existing leases and STC.
