Studiobeds Shop For RentFor Sale
High Street, Croydon, CR0
Prominent end of terrace/corner four-storey mixed use building, arranged as a bar over the ground floor and basement, with living accomodation on the first and second floors (currently accessed internally) providing a large 2 bedroom maisonette, with seperate living room and kitchen.
Occupied entirely by an independent bar operator, who we understand is currently trying to sell their leasehold interest. There is therefore an ‘asset management’ opportunity to try and redevelop/ extend the upper parts/rear of the building, by way of seperate negotiation with the tenant.
Situated in a busy bar and restuarant circuit on High Street in Croydon, close to it’s junction with Brighton Road (A23) 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.
Freehold, with the benefit of a 21-year Full Repairing and Insuring Lease let to ‘Syndicate Bar’ from April 2004, inside the Landlord & Tenant Act, with 3-yearly Rent Reviews and 5 yearly tenant only Break Clauses (next Rent Review and Break Clause in April 2019).
Basement 72.00 m2 -- 775 ft2
Ground Floor 72.00 m2 -- 775 ft2
First Floor 46.92 m2 -- 505 ft2
Second Floor 37.16 m2 -- 400 ft2
Total 228.08 m2 -- 2,455 ft2