This property is marketed by:
Houston Lawrence

Commercial investment for sale | Let to a global music studio brand

New South Quarter, Unit 8 Whitestone Way, Croydon CR0 4WN

Area: 8,463 sq.ft.

Price £1,000,000

Key Features

• National retail & leisure hub.
• 8,463 sq.ft. ground floor unit.
• 6.6m clear height - mezzanine ready.
• Expandable to circa 16,000 sq.ft.
• Let to Pirate Studios - global operator.
• Current rent £85,000 per annum.
• Rising to £100,000 per annum - May 2027.
• Full repairing and insuring lease.
• 10-year lease - expiry 17 May 2028.

Description

Unit 8 at New South Quarter is a substantial ground floor commercial unit of 8,463 sq. ft., situated just off the A23 Purley Way in Croydon - a well-established hub for national retail and leisure brands.

Versatile ground floor 8,463 sq. ft. commercial unit offers 6.6m clear height - suitable for a full mezzanine, increasing total size to circa 16,000 sq. ft. with on-site parking.

The property is let to Pirate Studios Properties Limited - one of the world's largest networks of 24/7 self-service creative studios serving musicians, podcasters and dancers on a full repairing and insuring lease, providing a secure and growing income stream.