Station Approach, Purley Oaks Road, South Croydon
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Prime Commercial Investment Opportunity
- Ground Floor FREEHOLD Retail Unit Approx 40sqm
- Conveniently Located In South Croydon
- Current Lease Expires 2028
- Adjacent to Purley Oaks Mainline Station
- Benefitting From a Food Licence
Description
This ground-floor FREEHOLD commercial unit presents a great investment opportunity, with a long-term tenant in situ. Well-positioned in the heart of South Croydon, it is currently let and trading as a successful fast food takeaway. Situated on a stretch of mixed-use commercial premises and affluent residential surroundings, this unit offers an ideal hands-off investment with an established tenant in situ. The property has a well-maintained interior with a kitchen and customer service area, and has around 40 square metres of internal space. The property is adjacent to Purley Oaks mainline railway station, where there is a car park, and the main Brighton Road is only a few hundred yards away. Surrounded by affluent residential properties in the heart of South Croydon, this commercial unit would suit investors looking for a stable return in an area with strong rental demand and long-term growth prospects. With rear access, a food licence, and the opportunity to purchase the unit next door too, this property warrants your earliest attention.
Lease Terms
Current Rent Income: £2,457 per quarter
Rent Review: May 2026
Lease Expiry; May 2028
6.5% Yield
Station Approach, Purley Oaks Road, South Croydon
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Purley Oaks Station0.0 miles
- Sanderstead Station0.2 miles
- Purley Station0.9 miles
Notes
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