The premises are situated on a busy and prominent crescent, just off the A232, Croydon Road linking Croydon/Purley Way and Wallington, just a short walk from Waddon station.
Two adjoining retail units with prominent frontage formerly trading combined as a convenience store. The two units are currently arranged as a double shop with internal access. At present they are co-dependent with one set of WC’s and one front door serving the combined unit plus stores and pedestrian doors in each to the rear. The traditional timber shopfront is set behind manual roller shutters.
The ground floor retail premises is currently split into two units. Approx measurements as follows;
Shop retail depth No.9 28’5” (8.66m)
No.10 27’8” (8.43m)
Internal width No.9 16’4” (4.98m)
No.10 16’3” (4.95m)
External frontage 34 ‘ (10.36m)
Retail area No. 9 464 sq ft (43.11m2)
Retail area No.10 450 sq ft (41.81m2)
Rear stores ` 273 sq ft (25.36m2)
RESIDENTIAL UPPER PARTS
The residential upper parts comprise Flat 9a above 9 The Broadway and 10a above no 10. These are each self contained two storey flats that have previously been sold off on long leases.
10a: Self contained flat is subject to a 125 year lease granted from and Inc 25.3.11 at a commencing ground rent of £250pa. A copy of the lease is available.
9a: We are advised that this self contained flat is subject to a 125 year lease but are awaiting clarity and details. We are advised that similar terms to that of 10a apply. A copy of the lease will be available.
We are instructed to sell the Vendors freehold interest in the two adjoining properties (we are advised under title no’s SGL479235 & SGL478614 with vacant possession of the ground floor units on completion and with the upper parts subject to said leases
£245,000 Subject to contract for the combined purchase
We understand that the premises are elected for VAT.
9 & 10 The Broadway are listed as having a rateable value of £11,750.
9 The Broadway has a rating of 92 (D)
10 The Broadway has a rating of 74 (C)
Each party are to bear their own legal costs in the transaction.
Strictly by prior appointment only through Joint Sole Agents:
ROBINSONS with Martin Brown
Steve Lane 01737 229201
Gordon & Co
Peter Hieatt 0208 679 1666