1 Drummond Road, Croydon, Surrey CR0 1TT 1 Drummond Rd Local commercial 111 m² 100 % Loué À vendre Croydon CR0 1TT 35 737 € (323,25 €/m²)
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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Ground Floor Shop
RÉSUMÉ ANALYTIQUE
SITUATION
Located close to the junction with the pedestrianised section of North End in the heart of Croydon's retail centre nearby such multiple retailers as JD Sports, Vodafone, Deichmann, Foot Locker, Greggs, Tesco Express, Vision Express, Holland & Barrett, Card Factory and many more.
The area is well served by public transport with West Croydon Station (Southern) and West Croydon Tramstop and Bus Station all in close proximity.
Croydon is a principal retail centre approx. 9 miles south of central London being adjacent to the A23 which gives direct access to the National Motorway Network via the M23 and M25.
PROPERTY
Comprising a Single Storey Ground Floor Shop.
ACCOMMODATION
Ground Floor Shop
Gross Frontage 17'2"
Built Depth 24'1"
VAT is applicable to this Lot
TENURE
Leasehold for a term of 999 years from completion at a peppercorn ground rent.
TENANCY
The property is let on a full repairing and insuring lease by way of service charge to Juice IT Limited (not currently trading - see Notes 1 & 2) for a term of 10 years from 20th May 2020 (excl.s24-28 of the L & T Act 1954) at a current rent of £9,800 per annum inclusive of VAT (£8,166.67 plus VAT).
Rent Review 20th May 2025
Note 1: The tenant is not currently trading and owes rent totalling approx. £48,310 including VAT and buildings insurance premiums totalling £1,084.84. The Purchaser will not be liable to pay these arrears to the Freeholder and on completion, the Purchaser will be assigned the benefit of these arrears at no additional cost.
Note 2: The arrears position stated in Note 1 above may provide grounds to obtain vacant possession - Applicants should take their own legal advice in this respect.
Note 3: There maybe potential to convert the property into alternative uses including Residential, subject to obtaining possession and the necessary consents.
Note 4: The first and second floors of the adjoining property (69 North End) is also being offered for sale in this auction - see Lot 7.
Note 5: There is a 6 Week Completion
Located close to the junction with the pedestrianised section of North End in the heart of Croydon's retail centre nearby such multiple retailers as JD Sports, Vodafone, Deichmann, Foot Locker, Greggs, Tesco Express, Vision Express, Holland & Barrett, Card Factory and many more.
The area is well served by public transport with West Croydon Station (Southern) and West Croydon Tramstop and Bus Station all in close proximity.
Croydon is a principal retail centre approx. 9 miles south of central London being adjacent to the A23 which gives direct access to the National Motorway Network via the M23 and M25.
PROPERTY
Comprising a Single Storey Ground Floor Shop.
ACCOMMODATION
Ground Floor Shop
Gross Frontage 17'2"
Built Depth 24'1"
VAT is applicable to this Lot
TENURE
Leasehold for a term of 999 years from completion at a peppercorn ground rent.
TENANCY
The property is let on a full repairing and insuring lease by way of service charge to Juice IT Limited (not currently trading - see Notes 1 & 2) for a term of 10 years from 20th May 2020 (excl.s24-28 of the L & T Act 1954) at a current rent of £9,800 per annum inclusive of VAT (£8,166.67 plus VAT).
Rent Review 20th May 2025
Note 1: The tenant is not currently trading and owes rent totalling approx. £48,310 including VAT and buildings insurance premiums totalling £1,084.84. The Purchaser will not be liable to pay these arrears to the Freeholder and on completion, the Purchaser will be assigned the benefit of these arrears at no additional cost.
Note 2: The arrears position stated in Note 1 above may provide grounds to obtain vacant possession - Applicants should take their own legal advice in this respect.
Note 3: There maybe potential to convert the property into alternative uses including Residential, subject to obtaining possession and the necessary consents.
Note 4: The first and second floors of the adjoining property (69 North End) is also being offered for sale in this auction - see Lot 7.
Note 5: There is a 6 Week Completion
INFORMATIONS SUR L’IMMEUBLE Sous contrat
Type de vente
Investissement
Type de bien
Local commercial
Droit d’usage
Emphytéose
Sous-type de bien
Boutique
Surface de l’immeuble
111 m²
Classe d’immeuble
B
Année de construction
1920
Prix
35 737 €
Prix par m²
323,25 €
Pourcentage loué
100 %
Hauteur de l’immeuble
2 Étages
CARACTÉRISTIQUES
- Stores automatiques
- Espace d’entreposage
1 of 1
PRINCIPAUX COMMERCES À PROXIMITÉ
