Log In/Sign up
Your email has been sent.
12-20 Church St 2,702 - 3,089 sq ft Retail Units Offered at £800,000 - £1,050,000 Per Unit in Croydon CR0 1RB
Investment Highlights
- Excellent transport links
- Heavy pedestrian traffic
- Array of local amenities
Executive Summary
The property is located on the corner of Church Street and Frith Road, in Croydon’s town centre. Church Street benefits from good passing trade due to its close position to Surrey Street, which is a market street that has been operating as a daily market dating back 700 years.
2 Units Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Long Leasehold |
| Net Initial Yield | 7.20% |
| Sale Type | Investment |
| Net Initial Yield | 7.20% |
| Tenure | Long Leasehold |
Description
The unit is arranged over ground floor only and benefits from good ceiling height.
Sale Notes
Circa 966 years sub long leasehold at a peppercorn ground rent.
Offers in excess of £1,050,000 for the long leasehold interest, which represents a Net Initial Yield of 7.20% after deducting purchaser’s costs.
Offers in excess of £1,050,000 for the long leasehold interest, which represents a Net Initial Yield of 7.20% after deducting purchaser’s costs.
| Sale Type | Investment | Tenure | Long Leasehold |
| Net Initial Yield | 7.11% |
| Sale Type | Investment |
| Net Initial Yield | 7.11% |
| Tenure | Long Leasehold |
Description
The shop is situated on the corner of Frith Road and Church Street, benefiting from a strong corner position with a good return frontage. Internally, the unit is predominantly open plan with high ceilings and is currently trading as a supermarket.
Sale Notes
Circa 966 years sub long leasehold at a peppercorn ground rent.
Offers in excess of £800,000 for the long leasehold interest, which represents a Net Initial Yield of 7.11% after deducting purchaser’s costs.
Offers in excess of £800,000 for the long leasehold interest, which represents a Net Initial Yield of 7.11% after deducting purchaser’s costs.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 18 | 3,089 sq ft | Retail | £1,050,000 (£339.92/sq ft) | £75,600 |
| Unit 20 | 2,702 sq ft | Retail | £800,000 (£296.08/sq ft) | £56,880 |
Unit 18
| Unit Size |
| 3,089 sq ft |
| Unit Use |
| Retail |
| Price |
| £1,050,000 (£339.92/sq ft) |
| NOI |
| £75,600 |
Unit 20
| Unit Size |
| 2,702 sq ft |
| Unit Use |
| Retail |
| Price |
| £800,000 (£296.08/sq ft) |
| NOI |
| £56,880 |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 18
| Unit Size | 3,089 sq ft |
| Unit Use | Retail |
| Price | £1,050,000 (£339.92/sq ft) |
| NOI | £75,600 |
| Sale Type | Investment |
| Net Initial Yield | 7.20% |
| Tenure | Long Leasehold |
| Description | |
| The unit is arranged over ground floor only and benefits from good ceiling height. | |
| Sale Notes | |
|
Circa 966 years sub long leasehold at a peppercorn ground rent. Offers in excess of £1,050,000 for the long leasehold interest, which represents a Net Initial Yield of 7.20% after deducting purchaser’s costs. |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 20
| Unit Size | 2,702 sq ft |
| Unit Use | Retail |
| Price | £800,000 (£296.08/sq ft) |
| NOI | £56,880 |
| Sale Type | Investment |
| Net Initial Yield | 7.11% |
| Tenure | Long Leasehold |
| Description | |
| The shop is situated on the corner of Frith Road and Church Street, benefiting from a strong corner position with a good return frontage. Internally, the unit is predominantly open plan with high ceilings and is currently trading as a supermarket. | |
| Sale Notes | |
|
Circa 966 years sub long leasehold at a peppercorn ground rent. Offers in excess of £800,000 for the long leasehold interest, which represents a Net Initial Yield of 7.11% after deducting purchaser’s costs. |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 48,009 sq ft | Floors | 4 |
| Property Type | Retail | Typical Floor Size | 19,477 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1909 |
| Costar Property Class | C | Total Plot Size | 0.54 ac |
| Total Property Size | 48,009 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | C |
| Floors | 4 |
| Typical Floor Size | 19,477 sq ft |
| Year Built | 1909 |
| Total Plot Size | 0.54 ac |
Amenities
- Security System
- Roller Shutters
- Storage Space
Nearby Major Retailers
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
12-20 Church St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.