CROYDON

137 North End, Croydon, CR0 1TN
Prime Freehold Retail Investment With Development Potential
Lloyds Bank
The property has the following key attributes that we would like to draw to your attention:
- Croydon is London’s largest borough and a vibrant commercial centre
- Prime pedestrianised retailing location
- Well secured to a major banking covenant
- New rebased rent
- Lease with approximately 5 years unexpired
- Future development potential
Our clients have instructed us to seek offers in excess of £2,150,000 (Two Million One Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT for the freehold interest in the property. A purchase at this price would show an investor an attractive net initial yield of approximately 7% assuming standard purchaser’s costs.