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Morrisons M Local, Croydon, Greater London

279 Brighton Road, South Croydon, greater London, CR2 6EQ

Basic Facts

Property ID: 4023 Post Updated: 2019-06-24 10:41:39
Status: Type:
Tenure: Freehold Gross Rent: £ 80,000
Lease Term: 15 years from Oct '13 VAT applicable: Yes

Property Description

  • The property comprises a three storey brick built former public house which has been converted into a convenience store together with two self-contained residential apartments above.
  • Internally, the ground floor convenience store benefits from a well configured unit with storage which has been fitted out by Morrisions.
  • The unit measures approximately 3,900 sq ft.
  • The upper floors provide self contained residential accommodation with a two bedroom apartment on the first floor, and a three bedroom apartment on the second floor.
  • Externally the property benefits from parking for up to nine cars at the front of the property.
  • The site is approximately 0.056 hectares (0.139 acres).

Location Description

  • The property is situated 2 miles to the south of Croydon town centre, 1.5 miles north east of Purley and 1.5 miles north west of Sanderstead.
  • The property occupies an extremely prominent position fronting the junction of Brighton Road (A235) and Sanderstead Road (B269).
  • The surrounding area is predominantly residential with some commercial uses interspersed throughout.
  • Sanderstead and Purley Oaks railway stations are both within a short walking distance of the property and there are a number of bus stops along Brighton Road.

Features

£1m - £5m
Blue-chip tenant
Customer car parking
Finance available
Freehold
Lease term: 10 - 15 years
Prime location

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