906 London Rd 3,036 sq ft 100% Let Retail Property Thornton Heath CR7 7PE £650,000 (£214.10/sq ft)

Lot 87 is available by way of Savills Auction 1st October 2025
The property comprises a high yielding, mixed-use, investment occupying a prominent high footfall pitch. Arranged across ground, first and second floors, the property comprises a ground floor retail unit with four residential flats. The property is fully let, with the ground floor let to a private individual trading as a convenience store on a commercial lease with approx 14 years unexpired and producing £12,000 per annum. The upper parts are let on separate ASTs with one flat sold-off on a long leasehold basis and producing a combined rent of £53,520 per annum. The total aggregate rent is therefore £65,520 per annum, please see the accommodation and tenancy schedule for more information. The property benefits from a prominent frontage to London Road, a principal arterial route linking the centres of Croydon, Thornton Heath and Norbury. The street therefore benefits from high footfall and is characterised by similar mixed uses including a number of national retailers. Tesco and Lidl are immediately opposite the property.