103 Church Street Croydon London CR0 1RN

  • 103 Church Street<br>Croydon<br>London<br>CR0 1RN

103 Church Street
Croydon
London
CR0 1RN

Freehold Retail and Residential Investment

  • Comprising retail unit with residential accommodation on the upper floors
  • Retail Unit let on a new 15 year lease until September 2038 t/a Reeves Corner
  • Residential accommodation providing 5 rooms
  • Busy Croydon location
  • Close proximity to Centrale Shopping Centre and Whitgift Centre
  • Lot
    31
  • Auction
    21st September 2023
  • Rent
    £67,800 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price
     
  • Sector
    High Street Retail/Residential
  • Auction Venue
    Live Streamed Auction
  • On Behalf of Receivers
Important Update
  • Expand
  • Photos
  • Map

Freehold Retail and Residential Investment

  • Comprising retail unit with residential accommodation on the upper floors
  • Retail Unit let on a new 15 year lease until September 2038 t/a Reeves Corner
  • Residential accommodation providing 5 rooms
  • Busy Croydon location
  • Close proximity to Centrale Shopping Centre and Whitgift Centre
  • Lot 31
  • Auction 21st September 2023
  • Rent £67,800 per Annum Exclusive
  • Status Withdrawn Prior
  • Price  
  • Sector
    High Street Retail/Residential
  • Auction Venue
    Live Streamed Auction
  • On Behalf of Receivers

Property Information

Location
Miles
9 miles south of the City of London
Roads
A236, A232, A23
Rail
West Croydon Railway Station, East Croydon Railway Station (London Bridge in 14 minutes)
Air
London Heathrow Airport, London Gatwick Airport
Situation

The property is located in the popular and busy south east London suburb of Croydon on the southern side of Church Street at its junction with Drummond Road. The property is well situated with several tram stops in the vicinity as well as the Centrale Shopping Centre and the Whitgift Centre.

Tenure

Freehold.

Location
Miles
9 miles south of the City of London
Roads
A236, A232, A23
Rail
West Croydon Railway Station, East Croydon Railway Station (London Bridge in 14 minutes)
Air
London Heathrow Airport, London Gatwick Airport
Situation

The property is located in the popular and busy south east London suburb of Croydon on the southern side of Church Street at its junction with Drummond Road. The property is well situated with several tram stops in the vicinity as well as the Centrale Shopping Centre and the Whitgift Centre.

Tenure

Freehold.

Description

The property comprises a retail unit on the ground floor and basement together with residential accommodation on the upper two floors. The residential accommodation is accessed from the rear of the property.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Receivers and therefore no warranties, representations or guarantees are given or will be given in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Receivers are acting without personal liability. The Receivers are not bound to accept the highest or any offer.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a retail unit on the ground floor and basement together with residential accommodation on the upper two floors. The residential accommodation is accessed from the rear of the property.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Receivers and therefore no warranties, representations or guarantees are given or will be given in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Receivers are acting without personal liability. The Receivers are not bound to accept the highest or any offer.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x. Rent Review
Ground
Basement
Retail
Ancillary
37.07
32.70
(399)
(351)
INDIVIDUAL
t/a Reeves Corner
15 years from 27/03/2023
£22,800
27/03/2026
27/03/2029
27/03/2031
27/03/2034
27/03/2037
First
Second
Residential
Residential
5 rooms
  INDIVIDUAL 1 year from 01/06/2023
£45,000
 
Total Approximate
Commercial Floor Area
 
69.77
(750)
   
£67,800
 

(1) The commercial floor areas stated above are those published by the Valuation Office Agency (www.va.gov.uk).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Brochure
    Updated Date
    29.11.23
    File Size
    4 MB
    View PDF
  • Common Auction conditions
    Updated Date
    20.05.24
    File Size
    620 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
TLT LLP Bristol 1 Redcliff St
Redcliffe
Bristol
BS1 6TP
Robert Counsell 0333 006 0000Robert.Counsell@TLTsolicitors.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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