The four-storey terrace brick-built office building was sold to Lee Savell Properties Ltd, a Croydon based Development/Investment Company. They intend to carry out a mixed-use redevelopment to enhance the local area.
Capitan House represented an excellent investment opportunity and was in use as offices by the previous owner. The opportunity presented by a freehold office building with vacant possession could not be ignored.
Croydon is a growing business hub and one of London’s most well-connected metropolitan centres with excellent transport links. Located on the A23 corridor, it’s less than 10 miles from the M25 and served by four railway stations: East Croydon, West Croydon, South Croydon and Norwood Junction Station.
A considerable investment is being made in the development of the Croydon area, including College Green which has created 400 new homes, public spaces, an art gallery and a new college.
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