Log In/Sign up
Your email has been sent.
241-245 Lower Addiscombe Rd 3,020 sq ft Retail Unit Offered at £635,000 in Croydon CR0 6RD
Investment Highlights
- Prominent double-fronted retail premises with strong visibility along Lower Addiscombe Road.
- Surrounded by a mix of national and independent retailers that generate regular footfall.
- Short-stay metered parking is available immediately outside the property.
- Located adjacent to Addiscombe Tramlink, providing convenient public transport access.
- Wide frontage offers excellent signage and customer display opportunities.
Executive Summary
The property benefits from strong pedestrian activity generated by a mix of national and independent retailers nearby, including Sainsbury's Local, Boots and Greggs. Short-stay metered parking is available directly outside, supporting convenient customer access. Internally, the accommodation comprises a substantial open retail area with ancillary accommodation and kitchen facilities to the rear, offering flexibility for a range of retail, showroom, service, leisure, health, wellness, or professional occupiers within Use Class E. The wide frontage provides excellent branding and display opportunities, while the established commercial setting offers immediate trading potential in a busy and well-connected location.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Sale Type | Investment |
| Tenure | Freehold |
Description
Internally, the accommodation comprises a substantial open retail area with ancillary accommodation and kitchen facilities to the rear, offering flexibility for a range of retail, showroom, service, leisure, health, wellness, or professional occupiers within Use Class E.
Sale Notes
Fully let retail investment opportunity in a prominent Croydon location. The property comprises a substantial double-fronted retail unit let on a lease producing £45,000 per annum, with three residential flats above held on separate long leaseholds. Positioned close to Addiscombe Tramlink and surrounded by established occupiers including Sainsbury's Local, Boots and Greggs, the asset benefits from strong visibility, excellent transport links and potential future asset management opportunities, subject to planning permission. Offers are invited in the region of £635,000.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 243-245 | 3,020 sq ft | Retail | £635,000 (£210.26/sq ft) | - |
Unit 243-245
| Unit Size |
| 3,020 sq ft |
| Unit Use |
| Retail |
| Price |
| £635,000 (£210.26/sq ft) |
| NOI |
| - |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 243-245
| Unit Size | 3,020 sq ft |
| Unit Use | Retail |
| Price | £635,000 (£210.26/sq ft) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold |
| Description | |
| Internally, the accommodation comprises a substantial open retail area with ancillary accommodation and kitchen facilities to the rear, offering flexibility for a range of retail, showroom, service, leisure, health, wellness, or professional occupiers within Use Class E.</li></ul> | |
| Sale Notes | |
| Fully let retail investment opportunity in a prominent Croydon location. The property comprises a substantial double-fronted retail unit let on a lease producing £45,000 per annum, with three residential flats above held on separate long leaseholds. Positioned close to Addiscombe Tramlink and surrounded by established occupiers including Sainsbury's Local, Boots and Greggs, the asset benefits from strong visibility, excellent transport links and potential future asset management opportunities, subject to planning permission. Offers are invited in the region of £635,000.</li></ul> |
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 | 3,869 sq ft | Typical Floor Size | 3,869 sq ft |
| Property Type | Retail (Unit) | Year Built | 1950 |
| Property Subtype | Shopfront Retail / Residential | Total Plot Size | 0.09 ac |
| Costar Property Class | B | Parking Allocation | 1.7/1,000 sq ft |
| Floors | 2 |
| Total Property Size | 3,869 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 3,869 sq ft |
| Year Built | 1950 |
| Total Plot Size | 0.09 ac |
| Parking Allocation | 1.7/1,000 sq ft |
Amenities
- Storage Space
1 1
Nearby Major Retailers
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
241-245 Lower Addiscombe Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.