High street retail property for sale
9 Fell Road, Queens Quarter, Croydon, CR0 1LL
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High street retail property for sale
Description
**For Sale By Public Auction 4th March 2026 02:00 PM To inspect the legal documents for this property go to our website to download the legal pack**
A Ground Floor Commercial Unit Subject to a Lease Producing £43,915 Per Annum (13% Yield on the Guide Price).
Tenure
Leasehold. The property is held on a 250 year lease from 2019 at a peppercorn ground rent.
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Queen's Gardens are within easy reach. Transport links are provided by West Croydon overground station and East Croydon rail station.
Description
The property comprises a ground floor commercial unit situated within a new development of over 500 apartments and amenities.
Accommodation
Ground Floor
Commercial Unit
G.I.A Approximately 1,884 sq ft
Tenancy
The property is let to Mulberries and Willows Nursery and Preschool Ltd for a term of 10 years commencing 6th January 2023 at a rent of £43,915 per annum. Rent review due 2027.
4-yearly RPI index linked reviews, subject to a cap of 4% and minimum of 1% in each year. Rent to be topped up to 2027 review figure.
The tenant has given a personal guarentee on the lease.
Link to tenants website:
Open House Viewings To Be Confirmed
Brochures
9 Fell Road, Queens Quarter, Croydon, CR0 1LL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- George Street Tram Stop0.2 miles
- Wellesley Road Tram Stop0.3 miles
- Church Street Tram Stop0.3 miles
Notes
Disclaimer - Property reference 330409. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House London, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House London, London on 020 7870 6217.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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