Investment

Under Offer

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

Download Brochure

Contact Us

Team members

Consultant – Investment

Ken Morgan

ken.morgan@rapleys.com

Where to find this property

Park Lane,
Croydon
CR0 1JB