Purley Way, Croydon, London, CR0

Description:- The property comprises a highly visible ground floor shop fronted premises. Internally, the property is partitioned as a sales area and a first-floor mezzanine space. There are ancillary stores at lower ground floor and a WC. The Property further benefits from an aluminium glazed frontage and an electric roller shutter. The property was most recently used as a retail shop,however, it is considered suitable for a variety of uses such as quasi medical, professional services and some leisure uses.

Location:- The property forms part of a parade of shops fronting Purley Way (A23), A major thoroughfare and commercial corridor connecting Thornton heath and Purley. Purley Way is a bus route, and Waddon train station is within walking distance. Purley Way experiences a vast quantity of passing vehicular traffic which is particularly heavy during rush hour periods. There are temporary parking bays to the front of the parade promoting quick stop trade. The property shares the vicinity with a variety of local traders as well as being within walking distance to Purley Cross retail park which is home to M&S, Aldi, Smyths & Starbucks. The local area is a densely populated residential catchment which the premises is able to service.

Accommodation

Gross frontage: 4.5m (15ft)

Internal width: 4.4m (14ft)

Max. shop depth:11m (36ft)

Sales area:45.7m2 (491ft2)

Mezzaine Floor: 12.6m2 (136ft2)

Lower Ground Floor

Lobby: 7.82m2 (84ft2)

Ancillary Store 1: 5.4m2 (58ft2)

Ancillary Store 2: 5.4m2 (58ft2)

WC

Tenure:- The property is to be offered by way of a new lease, the length of which is to be negotiated.

Rent:- An initial rent of £15,000 (Fifteen thousand pounds) per annum exclusive is sought.

EPC:- The property has an EPC rating of 65 within band C.

Business Rates:- The property has a rateable value of £12,750.

Interested parties should make enquiries of the local authority with regards to their rates payable.

VAT:- We are advised by the landlord that the property is not elected to VAT.

Use / Planning:- We understand that the property currently falls within class E of the current town and country planning use classes order.

Interested parties should make enquiries of the local authority with regards to their intended use prior to offer.