Guide price
£340,000
Retail premises for sale9 Fell Road, Queens Quarter, Croydon, Surrey CR0
Auction
Leasehold
About this property
Guide Price = £340,000+
**For Sale By Public Auction 4th March 2026 02:00 pm. To inspect the legal documents for this property go to our website to download the legal pack**
A Ground Floor Commercial Unit Subject to a Lease Producing £43,915 Per Annum (13% Yield on the Guide Price).
Tenure
Leasehold. The property is held on a 250 year lease from 2019 at a peppercorn ground rent.
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Queen's Gardens are within easy reach. Transport links are provided by West Croydon overground station and East Croydon rail station.
Description
The property comprises a ground floor commercial unit situated within a new development of over 500 apartments and amenities.
Accommodation
Ground Floor
Commercial Unit
G.I.A Approximately 1,884 sq ft
Tenancy
The property is let to Mulberries and Willows Nursery and Preschool Ltd for a term of 10 years commencing 6th January 2023 at a rent of £43,915 per annum. Rent review due 2027.
4-yearly rpi index linked reviews, subject to a cap of 4% and minimum of 1% in each year. Rent to be topped up to 2027 review figure.
The tenant has given a personal guarentee on the lease.
Link to tenants website:
EPC Rating
A
Open House Viewings To Be Confirmed
**For Sale By Public Auction 4th March 2026 02:00 pm. To inspect the legal documents for this property go to our website to download the legal pack**
A Ground Floor Commercial Unit Subject to a Lease Producing £43,915 Per Annum (13% Yield on the Guide Price).
Tenure
Leasehold. The property is held on a 250 year lease from 2019 at a peppercorn ground rent.
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Queen's Gardens are within easy reach. Transport links are provided by West Croydon overground station and East Croydon rail station.
Description
The property comprises a ground floor commercial unit situated within a new development of over 500 apartments and amenities.
Accommodation
Ground Floor
Commercial Unit
G.I.A Approximately 1,884 sq ft
Tenancy
The property is let to Mulberries and Willows Nursery and Preschool Ltd for a term of 10 years commencing 6th January 2023 at a rent of £43,915 per annum. Rent review due 2027.
4-yearly rpi index linked reviews, subject to a cap of 4% and minimum of 1% in each year. Rent to be topped up to 2027 review figure.
The tenant has given a personal guarentee on the lease.
Link to tenants website:
EPC Rating
A
Open House Viewings To Be Confirmed
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Monthly repayment
£1,700 per month
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