103 Church Street Croydon London 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Withdrawn Prior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
Auction Venue
Live Streamed Auction
On Behalf of Receivers

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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Status Withdrawn Prior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

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

VAT

VAT is not applicable to this lot.

Note

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.