21 Croham Road, South Croydon | Property for sale | Savills
Guide price £185,000

21 Croham RoadSouth Croydon

  • Freehold
Investment

Key features

  • Investment let at £16,500 p.a. (8.91% GIY on guide price)
  • 3 Month rent deposit held on account
  • Commercial unit has been fitted out to a high specification
  • 6 week completion
  • New 6 year lease from July 2023
  • The property is located an approx. 125 metres from South Croydon Station
  • VAT free investment
  • Register to bid on Savills Auctions website by 5pm on 7 May

To be sold via online auction on 8 May 2024, unless sold prior. Find out more...

About this property

  • A freehold mid terrace property comprising of a lock up shop on Ground floor let on a new 6 year lease from July 2023 and a self contained flat (sold off on long lease). Investment let £16,500 p.a.

Local information

  • Incredibly convenient location very close to South Croydon station.
  • Nearby local high street (Selsdon Road) with many amenities, shops, and restaurants, with Croydon Town Centre a walkable distance away.
  • Many schools in the local area.
  • Recreational grounds nearby at Park Hill Park and Croham Hurst Woods.
  • Walking distance from several small grocery stores with larger options a short drive away.
  • Transport
  • South Croydon Station.
  • Road links via the A232 and Purley Way.

Additional information

  • The building is a mid terrace property and forms part of a local and established shopping parade. The property comprises of a lock up shop at ground floor and self contained flat at first floor level (sold off on long lease).
  • The commercial unit has been fitted out to a high specification.
  • Nearby occupiers include a wide range of local and independent retailers.
  • Tenure:
  • Upper floor flat has been sold off on long lease (999 years from 29th September 2022) at a peppercorn rent.