The property will be under construction and is currently anticipated to be completed around June 2020. The unit will form part of a new mixed development with residential flats above. The property provides a ground floor self-contained commercial unit having its own entrance and loading door onto Clifford Road. The accommodation will be provided to a shell and core finish allowing the occupier to fit the unit out to their own tastes. All mains services will be provided.
Location: Norwood Junction is located approximately 10 miles south of London. Nearby towns include Croydon, Thornton Heath and Crystal Palace. The subject property is located minutes from the main high street in Norwood. Norwood Junction station is across the road providing a regular overground service to into London Via London Bridge and London Blackfriars. Other stations on route include East Croydon, Croydon, and Gatwick.
Terms & conditions: The premises are offered either to let or alternatively for sale on a long lease.In terms of leasing, the unit will be offered on a new full repairing and insuring terms for a period to be agreed. In terms of a sale the unit will be offered on a new long lease for a period of 999 year lease on a peppercorn rent.
Business rates: At this stage the unit has not been assessed
Rent: £25,000 per annum exclusive
Sale: £390,000