Freehold Property to buy in Croydon

Key points

• Prominent position with frontage onto prime pedestrian retail pitch of George Street and is adjoining Unibail Rodamco Westfield’s major Croydon regeneration site.
• The property comprises three retail units extending to 18,178 sq ft, positioned over ground, basement and three upper floors, with ancillary and office space across the basement, first, second and third floors.
• Strong opportunity for redevelopment or conversion of the upper floors to residential use, subject to obtaining the necessary consents.
• 0.37 acre site.
• Freehold.
• Let to Nationwide Building Society for a term of 10 years with an unexpired lease term of approximately 3.90 years to expiry
• Current passing rent of £77,000 pa