Retail Building For Sale , 50-54 High Street And 53 & 54 Surrey Street, Croydon, CR0 1YB

The property consists of a two trading level shop property located at 50-54 High Street with the benefit of upper parts which can be accessed from Surrey Street and offer potential for the creation of residential space or offices STPP. Also included are two shop properties on Surrey Street which are currently let at a combined rental of £23,000 pax.
( Agency Pilot Software Ref: 14834 )

Location

The subject property occupies a highly prominent location at the junction of High Street and Surrey Street. Locally this landmark building is known as “MillettsCorner”. The
area is a popular trading location and Surrey Street hosts the famous Surrey Street market

Accommodation

Ground floor Retail 1,740 sq ft (161.65 sq m)
First floor Retail 1,420 sq ft ( 131.92 sq m)
Second floor 841 sq ft ( 78.13 sq m)
Third floor 955 sq ft (88.72 sq m)
Basement 284 sq ft (26.38 sq m)
Surrey St shops (let)

Ground floor -53 Surrey Street 453 sq ft (42.04 sq m)
Ground floor 54 Surrey Street 403 sq ft ( 37.4 sq m)

Terms

TENURE
Assignment of a FRI lease to expire 24/6/2050
• Ground rent only £600 pax
• No rent reviews.
• Income £23,000 pax from Surrey St shops
• Vacant retail unit.
• Vacant upper parts with potential

PRICE
Unconditional offers in the region of £875,000 are invited

VAT
VAT will be chargeable on the terms quoted.

LEGAL COSTS
Each party is to be responsible for their own legal fees.

EPC
The property has an EPC rating of G