LOCATION: – The property is situated fronting South End in Croydon with the return frontage fronting Aberdeen Road. South End is a busy link road between central Croydon and Purely and is a popular commercial area. The property benefits from passing vehicular traffic, which is particularly heavy during rush hour, as well as being on a bus route. Nearby traffic lights make the premises more visible to passing traffic. The surrounding area is a densely populated residential catchment which the premises can service, and the unit shares the vicinity with a mixture of local trades.
DESCRIPTION: – The property comprises a corner position premises most recently used as a bookmaker but considered suitable for a variety of trades. There is sales area to the front, a disabled WC, a further WC, A staff room and an ancillary store. There are hung ceilings and air conditioning (not tested). The property has a secure electric shutter at the main entrance.
ACCOMMODATION: –
Frontage 10.992m (36ft) approx.
Return Frontage 19.977m (65ft) approx.
Internal width 10.216m (33ft) approx.
Unit depth 13.567m (44ft) approx.
Ceiling height 2.492m (8ft) approx.
Sales area 132m² (1,422ft²) approx.
Staff Room 9.417m² (101ft²) approx.
Ancillary store 7.863m² (84ft²) approx.
Disabled WC
WC
USE/PLANNING: – We understand the property currently falls within sui generis of the current Town & Country Planning (Use Classes) Order and was previously used as a bookmaker. The property is suitable for a variety of uses subject to a change of use.
TENURE: – The property is to be offered by way of a virtual freehold sale with vacant possession or by way of a new commercial lease, the length of which is to be negotiated.
RENT: – In the event of a commercial letting, an initial rent of £26,000 per annum exclusive is sought.
PRICE: – £370,000 is sought for our client’s virtual freehold interest.
BUSINESS RATES: – The property has a ratable value of £37,750. Interested parties should contact the local authority to confirm the rates PAYABLE. www.tax.service.gov.uk/business-rates-find/search
EPC RATING: – The property has an EPC rating of 80 which falls within band D.
VAT: – We are advised by the landlord that the property is not elected to VAT
VIEWINGS: – Viewings by prior arrangement – please telephone 0208 681 2000.
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CR0 1BG