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Ladbrokes, Croydon, Greater London


Call for price
Unit 2, 169-175 Croydon Road, Penge, London, SE20 7TY

Basic Facts

Status: Type: Tenure: Virtual Freehold (999 years) Gross Rent: £ 35,500
Lease Term: 15 years from Jun '06 VAT applicable: Yes

Property Description

  • Virtual freehold blue-chip betting shop investment
  • The property comprises a retail unit arranged on the ground floor only measuring 1,290 sq. ft.
  • The property benefits from car parking at the front (although this is not included in the demise)

Location Description

  • Penge is a South London suburb 3 miles west of Bromley, 4 miles north-east of Croydon and 9 miles south-east of Central London
  • The property is situated on the south side of the busy Croydon Road (A213) in a popular South-East London residential suburb
  • The property benefits from being one mile east of Crystal Palace Football Club/Selhurst Park Stadium and is adjacent to a Tesco Express

Additional Notes

  • The property is let to Ladbrokes Betting & Gaming Ltd for 15 years from 26/06/2006 FR&I for £35,500 p.a.
  • Reviews are 5 yearly

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