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27 Tamworth Place, Croydon CR0

Ref: 21862 Price: £750,000

Property Description

The subject property comprises a detached single storey building measuring approx. 5,000 sqft. The building benefits from D2 use, and until recently was leased to a gym operator. The property is laid out to provide 3 main rooms to the front, a large open plan room to the rear, and benefits from WC / changing room facilities. There is a secure private driveway adjacent to the building which could be utilised for parking / storage. The building is believed to be connected to all main services. The property is likely to appeal to buyers from a range of business sectors, and the chance to purchase freehold commercial premises in such a sought-after location is rare. Owner-occupiers who operate under D1 use have the opportunity to purchase the building and take immediate occupation. Investors will have no shortage of tenants; we expect an estimated rental value for the property in the region of £50,000pax. There also appears to be a longer term development angle. There are a number of residential development schemes in the surrounding area which have been built in recent years, as well as several schemes currently in construction, which sets precedent. Croydon is currently undergoing much regeneration with Westfield Shopping Centre due to be constructed in the near future, providing 300 shops, thousands of new homes and jobs.

Particulars

Particulars

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