The property comprises a shop fronted office arranged over ground and basement levels. The property is reasonably well modernised, with an aluminium shop front secured with electric security shuttering, suspended ceiling with an air conditioning unit installed (not tested) within the main office, a small private office/store to the rear and further basement storage and a ground floor internal WC. The property is considered suitable for any form of retail, or retail office and would suit a variety of businesses.
Location
The property is situated fronting Lower Addiscombe Road, which is a busy link road between central Croydon and Addiscombe and Beckenham, with the property situated virtually opposite the junction with Cherry Orchard Road ensuring high levels of visibility. Lower Addiscombe Road is a busy thoroughfare and bus route and the property is close to a pedestrian crossing which enhances pedestrian flow, as does the nearby Co-op convenience store. The surrounding area is an extremely densely populated residential catchment and the property is within walking distance of East Croydon Station and central Croydon in general.
Accommodation
Gross Frontage - 5.60m
Internal Width - 4.63m
Maximum Shop Depth - 7.52m
Sales Area - 34.82m² [375 ft²] (approx)
Rear Office - 10.65m² [105 ft²] (approx)
Basement Stores (slightly restricted height) - 21.71m² [235 ft²] (approx)
Internal WC
Terms
TENURE - The property is currently held under a lease to expire in December 2016 but we are advised that the freeholders are willing to grant a further lease beyond this term, for a term to be agreed.
USE/PLANNING - We understand the property currently falls within Class A2 (retail/office) of the current Town and Country (Use Classes) Order, and would suit a variety of trades. Prospective purchasers/tenants are advised to make their own enquiries of the local Planning Authority concerning existing and potential changes of use prior to offer.
RENT - An initial rent of £XXX (Ten thousand eight hundred pounds) per annum exclusive is passing under the existing lease.