Ladbrokes, Croydon, Greater London

 

Unit 2, 169-175 Croydon Road, Penge, London, SE20 7TY

Offers in excess of
N/A
Acquired
Type - Commercial
Tenant type - Betting Shops
  • Tenure: Virtual Freehold (999 years)
  • Gross Rent: £35,500
  • Lease Term: 15 years from Jun '06
  • VAT applicable?: Y

Property Description

  • Virtual freehold blue-chip betting shop investment
  • The property comprises a retail unit arranged on the ground floor only measuring 1,290 sq. ft.
  • The property benefits from car parking at the front (although this is not included in the demise)

Location Description

  • Penge is a South London suburb 3 miles west of Bromley, 4 miles north-east of Croydon and 9 miles south-east of Central London
  • The property is situated on the south side of the busy Croydon Road (A213) in a popular South-East London residential suburb
  • The property benefits from being one mile east of Crystal Palace Football Club/Selhurst Park Stadium and is adjacent to a Tesco Express

Additional Notes

  • The property is let to Ladbrokes Betting & Gaming Ltd for 15 years from 26/06/2006 FR&I for £35,500 p.a.
  • Reviews are 5 yearly

Your Agent for this listing

Nilesh (2)

Nilesh Patel ACA

0203 113 2142
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