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Restaurant Investment with Vacant Upper Parts For Sale (with Planning for 2 Flats) 282 High Street, Croydon, CR0

For sale: £695,000.00|2410 Sq Ft|Retail, Leisure, Office, Flat, House, Residential Land, General Retail, Retail - High Street, Leisure Property, Hotels, Restaurant/Cafes, Land, Healthcare, Mixed Use, Other, Residential, Restaurant/Cafes, Restaurant/Cafes, Restaurant/Cafes, Offices, Licensed & Leisure, Commercial Land, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£695,000.00
SIZE2410 Sq Ft
ADDRESS282 High Street, Croydon, CR0 1NG
TYPERetail, Leisure, Office, Flat, House, Residential Land, General Retail, Retail - High Street, Leisure Property, Hotels, Restaurant/Cafes, Land, Healthcare, Mixed Use, Other, Residential, Restaurant/Cafes, Restaurant/Cafes, Restaurant/Cafes, Offices, Licensed & Leisure, Commercial Land, Other Property Types & Opportunities
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON2nd January 2020

DESCRIPTION

Prominent end of terrace corner premises, arranged over the basement, ground, first and second floors, previously used as a bar with office and residential accommodation above. The ground floor area is currently open plan, with a return frontage and rear fire exit. The basement is accessed via a rear internal staircase, leading into an open plan room, with separate store room, 2 WC’s and additional fire exit.

Planning permission has recently been granted (19/04707/FUL) to convert the existing 2 bedroom self-contained maisonette on the first and second floors into 2 flats (1 x 1 & 1 x 2 beds), both with balconies.

Freehold, with vacant possession of the upper parts and the benefit of a new 15 year lease at a headline rent of £25,000 per annum on the ground floor and basement.

Situated in a prominent position on High Street in Croydon, close to the junction with South End (A235) and within walking distance into Croydon town centre and Old Town. Neighbouring occupiers include; Tesco, Mail Boxes Etc, Domino’s, Coughlans, Crown & Pepper, Dial-a-Flight, Galicia, Call Print and other independent and local traders.

East and South Croydon mainline railway and tram stations are both within walking distance, providing services to Clapham Junction, London Bridge, London Victoria, Gatwick Airport and Bedford. There are also buses serving the area, located on the High Street.

LOCATION

Location: 282 High Street, Croydon, CR0 1NG

Morden (4.7 miles)

Colliers Wood (4.8 miles)

Tooting Broadway (5.0 miles)

South Croydon (0.4 miles)

East Croydon (0.5 miles)

Waddon (0.6 miles)

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