Investment For Sale, Croydon
4 photos
Property ID: 156114
£1,150,000 Freehold
42-44 George Street, Croydon, CR0 1PB
Type
Investment
Status
Available
Size
5,131 sq ft
Key Features
- Central location in The London Borough of Croydon.
- The property comprises two buildings arranged over four floors.
- The former offices at first and second floors have their own ground-floor self-contained entrance.
- Planning permission has been granted for the conversion of the two vacant upper floors to 4 no. residential units.
- The two ground floor retail units are let to Caffè Nero and Kokoro at £76,000 per annum.
- Offers are invited in excess of £1,150,000.
- Potential to increase rents to £95,500 in March 2027.
Description
- Central Location In The London Borough Of Croydon.<br>
- The Property Comprises Two Buildings, Each Arranged Over Four Floors.<br>
- The Former Offices At First And Second Floors Have Their Own Ground-floor Self-contained Entrance.<br>
- Planning Permission Has Been Granted For The Conversion Of The Two Vacant Upper Floors To 4 No. Residential Units.<br>
- The Two Ground Floor Retail Units Are Let To Caffè Nero And Kokoro At £76,000 Per Annum.<br>
- Offers Are Invited In Excess Of £1,150,000.<br>
- Potential To Increase Rents To £95,500 In March 2027.<br>
<br>
The Property Is Situated On George Street, Croydon, A Thriving Town Centre In The London Borough Of Croydon, With 235,761 People Within A 10-minute Drive. East Croydon Railway Station Is Located 0.3 Miles From The Property, Providing Services To Brighton, Gatwick Airport And London Terminals. George Street Tram Stop Is Also In Very Close Proximity. The Town Boasts An Annual Retail Expenditure Of £2.289m In 2024 And A Per Capita Spend Of £5,908.<br>
<br>
Nearby Occupiers Include: Yorkshire Building Society, Popeyes, Nationwide, Pizza Express, Santander, Taco Bell, Skipton Building Society, Wagamama.
- The Property Comprises Two Buildings, Each Arranged Over Four Floors.<br>
- The Former Offices At First And Second Floors Have Their Own Ground-floor Self-contained Entrance.<br>
- Planning Permission Has Been Granted For The Conversion Of The Two Vacant Upper Floors To 4 No. Residential Units.<br>
- The Two Ground Floor Retail Units Are Let To Caffè Nero And Kokoro At £76,000 Per Annum.<br>
- Offers Are Invited In Excess Of £1,150,000.<br>
- Potential To Increase Rents To £95,500 In March 2027.<br>
<br>
The Property Is Situated On George Street, Croydon, A Thriving Town Centre In The London Borough Of Croydon, With 235,761 People Within A 10-minute Drive. East Croydon Railway Station Is Located 0.3 Miles From The Property, Providing Services To Brighton, Gatwick Airport And London Terminals. George Street Tram Stop Is Also In Very Close Proximity. The Town Boasts An Annual Retail Expenditure Of £2.289m In 2024 And A Per Capita Spend Of £5,908.<br>
<br>
Nearby Occupiers Include: Yorkshire Building Society, Popeyes, Nationwide, Pizza Express, Santander, Taco Bell, Skipton Building Society, Wagamama.
Location
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Stiles Harold Williams Partnership LLP
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Property ID: 156114
Investment For Sale, Croydon
£1,150,000 Freehold
42-44 George Street, Croydon, CR0 1PB
Stiles Harold Williams Partnership LLP
View all properties
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