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45 Croydon Rd 447 sq ft Retail Property West Wickham BR4 9HZ £380,000 (£850.11/sq ft)



Investment Highlights
- Prominent location
- Two bedroom flat above
- Excellent passing traffic
- Ground floor retail unit
- On Street parking
- Large garden to rear
Executive Summary
The property is located on the main Croydon Road (A232) which links West Wickham, Keston and Orpington.
The property sits within a busy retail parade with neighbouring occupiers including Wicks Builders Merchant, CoOp Food, and William Hill Bookmakers, as well as a number of local and independent retailers including a large number of food and beverage operators.
The premises comprises a good sized ground floor retail unit with a separately accessed two bedroom flat above, together with garden, rear access and a garage. In addition there is off street parking to the rear of the property.
Tenancies
The entire property is let and occupied by The Pet Place on a lease from 30th March 2026 for 15 years at a rent of £25,000. There are rent review provisions on the Third, Sixth, Ninth and Twelfth Anniversaries.
The residential accommodation comprises a lounge, 2 bedrooms, bathroom/wc and kitchen with carpeting, central heating and double glazing. The accommodation benefits from access from Croydon Road and from the rear.
Terms
The freehold interest is available for sale subject to the existing tenancies at a price of £380,000, subject to contract. Plus VAT (if applicable).
Business Rates
According to the Government website the property has a Rateable Value of £9,600 . The UBR for 2024/5 is 49.9p in the £.
Legal costs
Each Party to be responsible for their own legal costs incurred in this transaction.
Energy Performance Certificate
Energy Performance Certificate: C (64). Full information available upon request.
The property sits within a busy retail parade with neighbouring occupiers including Wicks Builders Merchant, CoOp Food, and William Hill Bookmakers, as well as a number of local and independent retailers including a large number of food and beverage operators.
The premises comprises a good sized ground floor retail unit with a separately accessed two bedroom flat above, together with garden, rear access and a garage. In addition there is off street parking to the rear of the property.
Tenancies
The entire property is let and occupied by The Pet Place on a lease from 30th March 2026 for 15 years at a rent of £25,000. There are rent review provisions on the Third, Sixth, Ninth and Twelfth Anniversaries.
The residential accommodation comprises a lounge, 2 bedrooms, bathroom/wc and kitchen with carpeting, central heating and double glazing. The accommodation benefits from access from Croydon Road and from the rear.
Terms
The freehold interest is available for sale subject to the existing tenancies at a price of £380,000, subject to contract. Plus VAT (if applicable).
Business Rates
According to the Government website the property has a Rateable Value of £9,600 . The UBR for 2024/5 is 49.9p in the £.
Legal costs
Each Party to be responsible for their own legal costs incurred in this transaction.
Energy Performance Certificate
Energy Performance Certificate: C (64). Full information available upon request.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
447 sq ft
Costar Property Class
C
Year Built
1900
Price
£380,000
Price per sq ft
£850.11
Tenancy
Single
Number of Floors
2
Plot ratio
0.03
Total Plot Size
0.35 ac
Amenities
- Signage
- EPC - C
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Nearby Major Retailers
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45 Croydon Rd
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