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The property is situated in a prominent position on the western side of London Road (A23) in Norbury, at the junction of Tylecroft Road. This ground floor and basement retail unit has been fitted out to a high standard (having been used as an estate agency branch).
The property forms part of a four storey, mixed used redevelopment of the existing site and will comprise a triangular shaped retail unit of modern construction with frontage onto both Streatham High Road and Green Lane. There will be a loading bay on Green Lane which will facilitate servicing
This unit is found on the ground floor and in shell and core condition. The unit is currently A1, but the owners will consider a change of use. It is rectangular and stretches across the whole of the base of the building. The property comes in shell and core condition.
- Rent on Application
- Can be bought as a single unit or together with 170
- New leases are available for a term by agreement at a rent in excess of £70,000pa for both units or £35,000pa per unit
- Rateable value: £21,000
- Rats payable £10,437
- Electric heating and dumbwaiter
The retail unit is situated near to West Croydon Station (Southern Line) offering services to London Bridge and London Victoria as well as London Overground services.
In line with the wider regeneration of Croydon and the prospect of the new Westfield Shopping Centre a short distance from the subject property, the passenger numbers could increase...
Sale/Lease The premises are offered either to let or alternatively for sale on a long lease.
In terms of leasing, the unit will be offered on a new full repairing and insuring terms for a period to be agreed.
In terms of a sale the unit will be offered on a new long lease for a period of 999 year lease on a peppercorn rent.
£25,000 per annum...
The property is available by way of a new full repairing and insuring lease for a term to be agreed, subject to ?ve yearly upward only rent reviews at a commencing rent of £160,000 per annum exclusive.
The property is also available by way of a short term ?exible lease for approximately 6 months.
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