390-398 LONDON ROAD, CROYDON, CR0 2SW CONFIDENTIALLY AVAILABLE TO LET
RETAIL UNIT WITH POTENTIAL FOR ALTERNATIVE USES 819.91 sq.m. (8824 sq.ft.) RENT: £125,000 PER ANNUM EXCLUSIVE
Location The property is located on the east side of the busy London Road at its junction with Broad Green Avenue. The location is north of Croydon town centre and the unit enjoys good visibility to the high volume of passing traffic. Tesco, Bathstore and Enterprise Car Hire all located nearby. Description The property comprises the ground level of a multi storey building with apartments above. The extensive frontage is fully glazed facing onto a forecourt area. Loading is available from Broad Green Avenue via roller shutter doors. The maximum clear height is approximately 5.8 m. The retail space is arranged over ground and mezzanine level and there are further storage areas plus WC’s and kitchen facilities. The tenant will benefit from basement parking.
Accommodation The property has the following approximate gross internal area: Ground Floor
708.54 sq.m. (7627 sq.ft)
Mezzanine
111.37 sq.m. (1198 sq.ft.)
Total
819.91 sq.m. (8824 sq.ft)
Terms The property is to be let on an effective full repairing and insuring lease for a term of 20 years. Rates The property is entered in the 2017 draft valuation list of with a rateable value of £90,000. For further information on business rates including relief which could be applicable, visit www.gov.uk/calculate-your-business-rates Planning The property is currently in use as a retail showroom but our client is willing to consider alternative uses subject to planning. Rent £125,000 per annum exclusive. Service charge To be confirmed. Legal Costs Each party to pay their own legal fees. VAT Please note that VAT will be chargeable. EPC The unit currently has an energy rating of ‘C’. The full EPC is available to download at www.hindwoods.co.uk
“You should be aware that the Code for Leasing Business Premises strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through website www.leasingbusinesspremises.co.uk”.
These particulars are believed to be correct, but their accuracy is not guaranteed and they do not constitute an offer or form any part of any contract. Hindwoods and its employees have no authority to make any representation or give any warranty in relation to this property.
Viewing Strictly by prior arrangement with sole agents Hindwoods. Kevin Bright:
[email protected] Katie Hoggarth:
[email protected] CG5548
“You should be aware that the Code for Leasing Business Premises strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through website www.leasingbusinesspremises.co.uk”.
These particulars are believed to be correct, but their accuracy is not guaranteed and they do not constitute an offer or form any part of any contract. Hindwoods and its employees have no authority to make any representation or give any warranty in relation to this property.