Prime Mixed Use Investment Freehold For Sale in Croydon CR0

This property is marketed by:
Bonsors / SHW

Key Features

• Fantastic prime central location.
• The property comprises a prominent terrace building with frontage to both Croydon High Street and Surrey Street.
• The property is entirely let on one FRI lease at £90,000 per annum until 2037 with mutual breaks at 2027 and 2032.
• Two residential units already on site and potential to convert to 15 residential units with 2 commercial units.
• EPC Rating B.
• Offers are invited in excess of £1,000,000. A purchase at this level, after purchaser's costs, would show a net initial yield of 8.51% and a low entry price of £74.80 psf.
• We have arranged the following block viewing dates: 11.00 to 12.00 on Thursday 7 May 2026 and Thursday 14 May 2026. Please email [email protected] or [email protected] in order to book an appointment.

Description

The property comprises a six-storey, mid-terrace Victorian building having a frontage to High Street and Surrey Street, which lies at a lower level to the rear of the property. As the building is located on a sloping site, the basement area for the High Street is the first floor for the Surrey Street frontage. The property currently operates as a bar/nightclub with ancillary staff areas and residential accommodation in the upper floors, and separate sublet bar at the lowest level fronting Surrey Street.

Location

The property is situated on Croydon High Street. Croydon is one of London’s most accessible locations and serves as a major transport hub for South London, supported by excellent rail connections, comprehensive bus routes, and London’s only tram network. West Croydon Station is a 600 metre walk north of the subject property. It is a major transport interchange in South London, serving as an important gateway to central London, Surrey, and Gatwick Airport. There offers direct links to central London via the London Overground and National Rail, as well as convenient connections to Gatwick Airport, further enhancing its accessibility and appeal. East Croydon Station is approximately a 500 metre walk east from the subject property offering fast and frequent National Rail services to London Victoria and London Bridge, as well as direct connections to Gatwick Airport and the South Coast. The station also links to the London Trams network and numerous bus routes, providing excellent connectivity for commuters and regional travel.