Investment.

Croydon.

74-80 North End, CR0 1UG

Map View

Status.

Sold on 01/01/2018

Price.

£10,250,000

Service Charge.

There is a fully comprehensive service charge currently in place. A copy of the current budget is available on request, which at present produces a landlord shortfall of £3,101 pax.

Location.

The subject property is located on a 100% prime retail pitch on the eastern side of the pedestrianised North End.

The property is located between the respective entrances of the Centrale and Whitgift Shopping Centres. Occupiers in the vicinity include H&M, Zara, McDonalds, Next and Office.

Description.

The subject property is an attractive, prominent building fronting North End, which constitutes two distinct sections, 80 North End and 74-78 North End. The building comprises three well-proportioned retail units arranged over ground and basement floors let to Deichmann, Game and Vodafone (currently unoccupied). Deichmann also have a small amount of ancillary space at first floor level, to the rear of the building. There are three upper floors currently utilised as office accommodation which benefit from a separate access fronting onto North End. The first, second and third floors at 74-78 North End is occupied by Atkins Hope, family and civil solicitors practice, while the first, second and third floors at 80 North End is let to Oasis Dental Care (part 1st, 2nd and 3rd floors) and Croydon Chiropody and Podiatry Centre (part 1st floor). 

Rent.

£564,800.00 per annum exclusive

Tenant(s).

Please refer to the tenancy schedule.

Tenure.

Freehold

Yield.

5.15% NIY

Share.

All viewings are strictly by prior appointment.

Nicole de Blaquiere.

Associate Partner | Agency

David Freeman.

Partner | Investment

Ed Smith.

Partner | Investment

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