Location
The subject property is located within Croydon Old Town on Old Palace Road and is well connected by public transport. Church Street Tram Stop is less than 50 yards away with services covering the entirety of Croydon, along with other areas further afield such as Wimbledon, New Addington, Elmers End and Beckenham. There are bus stops located equally as close which provide regular access to surrounding areas such as Mitcham, Tooting, Crystal Palace and many others.
West and East Croydon Railway Station are a short 0.4 and 0.6 mile walk away, both providing frequent and direct services into central London, Gatwick Airport and many other popular destinations.
Church Street is a busy and popular parade with a number of national retailers and well-known independent businesses.
Description/Accommodation
An opportunity to rent a 7,500 sq ft three storey commercial building in Croydon Old Town, Church House is self-contained and benefits from two separate entrances, two car parking spaces and lift facilities. The ground floor has a reception area, whilst the first and second floors are laid out as office/meeting rooms. There are kitchenette and WC facilities on each floor.
The property benefits from E Use Class and is therefore suitable for a multitude of uses including continued office use, medical/health services, education, day nurseries and the Landlord would consider faith groups (Subject to Planning Permission).
Whilst the property is in a vibrant area of Croydon and well connected by public transport with train, tram and bus services all within a short walk Old Palace Road itself is quiet and is not subject to regular passing traffic or footfall which may suit some occupiers.
The building would benefit from cosmetic improvements and upgraded searches. The Landlord is willing to grant a rent free period or capital contribution for an incoming Tenant.
The property is available in Quarter 4 2023.
Approximate net internal areas
Ground Floor
160.1 sq m - 1,723 sq ft
First Floor
183.2 sq m - 1,972 sq ft
Second Floor
175.3 sq m - 1,887 sq ft
Third Floor
162.9 sq m - 1,754 sq ft
Total Offices
681.5 sq m - 7,336 sq ft
Basement
29 sq m - 312 sq ft
Total Building
710.5 sq m - 7,648 sq ft
Terms
A new Full Repairing and Insuring (FRI ) Lease for a term to be agreed at a rent of £140,000 per annum. Plus VAT (If applicable). Subject to Contract.
Business Rates
According to the Government website the premises has a Ratable Value from 1st April 2023, of £111,475. Interested parties are advised to visit the Valuation Office Agency website to calculate occupier specific rates.
Legal costs
Each Party to be responsible for their own legal costs incurred in this transaction.
Benefits include
More informationArrange an inspection
Strictly by appointment with Sole Agents
Gildersleve & Payne: 01883 723888
Nick Payne
Email: nickp@gpcommercial.co.uk
David Sutton
Email: davids@gpcommercial.co.uk
Property Misdescriptions Act 1991 Please note the agents have not carried out a survey, have not made planning enquiries nor tested any of the equipment, apparatus, fixtures, fittings, services or land and are therefore not able to verify their condition, or suitability for their purpose
Code of Practice Applicants should be aware that the code of practice on commercial leases in England and Wales strongly recommends you seek professional advice from a qualified Surveyor, Solicitor or Licenced Conveyencer before agreeing or signing a Business Tenancy Agreement. The Code is available through professional institutions and trade associations or through the website www.leasingbusinesspremises.co.uk
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