Investment
Freehold Investment/Development Opportunity – Croydon
94 Park Lane, Croydon, CR0 1JB
For Sale
Terms
5,887.86 sq ft
Size
6.9%
Yield
Gallery
- Croydon is one of the best connected towns in south London with excellent road and rail links, including London Victoria and London Bridge in 15 minutes.
- Purpose built 5,895 sq ft office building situated less than 15 minutes walk from the town centre and East Croydon Station.
- Let to HML PM Limited until July 2025 at a low passing rent of £110,000 per annum (£18.65 psf).
- Of interest to investors, developers and owner occupiers with opportunity to reposition the property including alternative uses, subject to planning.
- Offers in excess of £1,500,000.00 (One Million Five Hundred Thousand Pounds) exclusive of VAT, subject to contract, for our client’s freehold interest. A purchase at this level reflects a net initial yield of 6.9% after purchaser’s costs of 6.1% and a low capital value of £255 psf.
More information
Contact Us
Where to find this property
Park Lane,
Croydon
CR0 1JB
Featured properties
Investment
Investment Opportunity – Hotel – Chester
Oddfellows Chester Hotel, 16-22 Lower Bridge Street, Chester, CH1 1RS
For Sale
7,961 sq ft
Investment
Investment Opportunity – Student Accommodation – Luton
The Stack, 33 Upper George Street, Luton, LU1 2RD
For Sale
10,800 sq ft
Investment
Archbishop Tenison’s School – Kennington Oval
55, Kennington Oval, London, SE11 5SR
For Rent
52,119 sq ft
Investment
For Sale – Nasmith Court
1 – 7, Old Jamaica Road, London, SE16 4TE
For Sale
8,986 sq ft
Investment
Investment Opportunity – Petersfield
5 The Square, Petersfield, GU32 3HL
For Sale
6,436.82 sq ft