Description
Freehold investment property in the heart of the shopping area in Central Croydon, which is the largest area of London and one of the most important financial centers of South-West England. On average, buyers here spend about 1.5 billion pounds a year.
The distinctive feature of this investment is that the object is located between two shopping centers, on the territory, where the planned project on renovation with a budget of 1 billion pounds.
The total area of the building is 528,7 m2 and is distributed on 3 floors.
Currently the building is leased to the company Pizza Hut (UK), a very successful chain of restaurants, contract until September 2024. Rent is £200,000 a year. Under the contract, the rent may be revised in 2014 and 2019 only increase.
Freehold
Price £2,360,000 at a net yield of 8% per annum
For specific details please call +447557678655 or write to us at [email protected]