308-310 High Street, Croydon, 310 High Street, Croydon

Guide price

£750,000

Size

3,847

Tenure

Freehold

EPC

Parking

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Primary use
Other

Key features

  • Freehold property comprising of 2 x retail units and offices to the upper parts
  • 3,847 sqft arranged across 2 buildings
  • Arranged across 2 buildings over basement, ground first and second floors
  • The property also benefits from 3 car parking spaces
  • 308 is fully let, comprising basement, ground, first and second floors
  • 310 is fully let comprising, ground and basement floors.
  • Prominent High Street Location property
  • Asset management via residential development and the improvement of rents.
  • Investment let at £64,000 pa (8.5% GIY) on guide price

Description

A substantial freehold property comprising two retail units with office accommodation above, prominently situated on High Street, Croydon. The building includes 308–310 High Street.

No. 308 is arranged over basement, ground, first and second floors and is fully let to a single tenant, generating £36,000 per annum.

No. 310 is arranged over basement and ground floors and is fully let, producing £28,000 per annum,This property presents asset management opportunities, including potential conversion of the upper floors into residential flats and the improvement of rents.

Please refer to the tenancy schedule for further details.

The property occupies a prominent position on the High Street in Croydon, forming part of the town’s principal retail area. The surrounding area is characterised by a mix of national and independent occupiers, with major retailers including Primark and JD Sports located within the immediate town centre, together with a variety of other retail, leisure and food and beverage operators.

The property occupies a prominent position on the High Street in Croydon, forming part of the town’s principal retail area. The surrounding area is characterised by a mix of national and independent occupiers, with major retailers including Primark and JD Sports located within the immediate town centre, together with a variety of other retail, leisure and food and beverage operators.

Transport
West Croydon railway station.- 0.2 Miles
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

308-310 High Street, Croydon, 310 High Street, Croydon

NEAREST STATIONS

London Tram

George Street Tram Stop

0.4 miles

National Rail

South Croydon Station

0.44 miles

London Tram

Church Street Tram Stop

0.44 miles

About Savills National , City Offices

Savills National , City Offices

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Disclaimer - Property reference DD7C23E2-BFDE-4F0A-BAB0-86E47A49AA22. 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 Savills National , City Offices. 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.