Enquire Now
1
/11
Key Features
St Michael's Square is positioned in the centre of Croydon, a thriving South London town centre location forming a new
gateway to the town, directly opposite key bus, tram and rail interchanges.
West Croydon provides strong transport connections including London Overground, National Rail, tram and bus services.
Croydon benefits from a strong and growing catchment population, with 54,407 people within a 5-minute drive and 235,761 within 10 minutes, supporting sustained local demand and footfall.
The property occupies a prominent town centre position close to East and West Croydon stations within an established commercial and leisure destination.
A unique leisure investment forming part of the St Michael's Square development, located on the ground floor of Tower A, extending to approximately 4,823 sq ft (GIA).
Let in shell and core condition, with the tenant having completed a significant fit-out including installation of a mezzanine and a substantial indoor climbing centre.
Entire property let to SPJ Climbing Three Ltd at £130,000 per annum (£26.95 psf) on a 15-year lease expiring on 27/11/2040.
Tenant-only break option on 28/11/2035 therefore providing an unexpired term of 14.6 years to expiry and 9.6 years to break.
Tenant SPJ Climbing Three Ltd is owner by the operator of established Clip 'n' Climb centres with a three-year guarantee from Entre-prises (UK) Ltd, the main UK Clip 'n' Climb company.
