Shops for sale

Central Croydon

102 years remaining on lease at A PEPPERCORN.Currently run as a late night bar. (Four nights a week only) or change of use would suit other trades.

Indications are that a sub lease would produce an initial £90K per Annum plus a substantial premium.
Offers on excess of £1.25 Million for this virtual freehold property adjacent to the £1.5 Billion Westfield rejuvenation scheme due to start in a few month.

Sale due to health of Elderly owner, Incentives could be available for speedy completion.

Prominent period building with planning permission for retail, office and residential development.

The property comprises a four storey building plus basement. The ground and basement levels are in retail (A1) use; the first and second floors consist of B1 floorspace (which is currently partly occupied); and the third floor is residential (vacant).
Planning permission has been granted for rear extensions to create enlarged retail space at basement and ground floor, retention of existing office space at first and second floors, and three flats arranged over first to third floors (2 x 1 bed flats and 1 x 2 bed flat).

The consented accommodation comprises 2,993sqft GIA of retail, 1,636sqft GIA of office accommodation, and 2,077sqft NSA of residential accommodation.

The freehold interest is available with vacant possession.

7 x retail units let to multiple tenants including NatWest, producing £141,950 p.a.

12 x existing apartments let on Assured Shorthold Tenancy Agreements

Planning permission for conversion and extension to create 13 x additional apartments

Offers are invited in excess of £3,750,000 for the freehold interest

The property comprises a single storey building constructed of brick, clad in profiled metal. The property includes main retail area, WC's, office/storeroom and kitchen area. The property has its own off-road parking to the front and side, with parking for approximately 8-10 cars.
( Agency Pilot Software Ref: 2632 )

Greater London Industrial/Trade Counter Investment with Residential Redevelopment Potential

Located in the established commercial centre of Croydon, immediately off Purley Way (A23) equidistant between Central London and the M25.

0.6 acre Freehold site

Two industrial/trade counter units extending to 14,785 sq ft (GIA)

Fully let to Rexel UK Ltd and Euro Car Parts Ltd for a WAULT of 5.7 years to lease expiries (3.6 years to breaks)

Low rent of £135,000 per annum reflecting £9.16 sq ft

Excellent redevelopment prospects for a residential led scheme, subject to planning.

Price on application

A mixed-use development opportunity benefiting from detailed planning consent for a part conversion and extension to provide ten apartments, retaining the ground-floor commercial space, seconds from all local amenities.

Upper Parts & Ground-Floor Commercial may be purchased separately or as one

Upper Parts Guide Price: £1,250,000, STC

Ground-Floor Commercial & Freehold Guide Price: £1,000,000, STC, with a current income of approx. £71,000 PA

Proposed scheme comprises upper parts conversion & extension to provide a mix of 10 apartments, broken down as 1 x studio, 7 x 1 bed & 2 x 2 bed apartments (2 x affordable)

500 feet from Elstree & Borehamwood Railway Station

Detailed planning consent, application reference 17/1010/FUL from Hertsmere Borough Council

Potential for an enlarged scheme, subject to necessary consents

Bid deadline: Monday 11th June 2018 at Midday