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Area statsGuide price
£340,000Retail property (high street) for sale
9 Fell Road, Queens Quarter, Croydon, Surrey, CR0 1LL
Auction
EPC rating: A
Retail property (high street)
Features and description
Guide Price = £340,000+
*For Sale By Online PublicAuction 4th March 2026 02:00 PM. To inspect the legal documents for this property go to our website to download the legal pack*
A Ground Floor Commercial Unit Subject to a Lease Producing £43,915 Per Annum (13% Yield on the Guide Price).
Tenure
Leasehold. The property is held on a 250 year lease from 2019 at a peppercorn ground rent.
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Queen's Gardens are within easy reach. Transport links are provided by West Croydon overground station and East Croydon rail station.
Description
The property comprises a ground floor commercial unit situated within a new development of over 500 apartments and amenities.
Accommodation
Ground Floor
Commercial Unit
G.I.A Approximately 1,884 sq ft
Accommodation
Tenancy
The property is let to Mulberries and Willows Nursery and Preschool Ltd for a term of 10 years commencing 6th January 2023 at a rent of £43,915 per annum. Rent review due 2027.
4-yearly RPI index linked reviews, subject to a cap of 4% and minimum of 1% in each year. Rent to be topped up to 2027 review figure.
The tenant has given a personal guarentee on the lease.
Link to tenants website:
Note
EPC Rating
A
Open House Viewings To Be Confirmed
*For Sale By Online PublicAuction 4th March 2026 02:00 PM. To inspect the legal documents for this property go to our website to download the legal pack*
A Ground Floor Commercial Unit Subject to a Lease Producing £43,915 Per Annum (13% Yield on the Guide Price).
Tenure
Leasehold. The property is held on a 250 year lease from 2019 at a peppercorn ground rent.
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Queen's Gardens are within easy reach. Transport links are provided by West Croydon overground station and East Croydon rail station.
Description
The property comprises a ground floor commercial unit situated within a new development of over 500 apartments and amenities.
Accommodation
Ground Floor
Commercial Unit
G.I.A Approximately 1,884 sq ft
Accommodation
Tenancy
The property is let to Mulberries and Willows Nursery and Preschool Ltd for a term of 10 years commencing 6th January 2023 at a rent of £43,915 per annum. Rent review due 2027.
4-yearly RPI index linked reviews, subject to a cap of 4% and minimum of 1% in each year. Rent to be topped up to 2027 review figure.
The tenant has given a personal guarentee on the lease.
Link to tenants website:
Note
EPC Rating
A
Open House Viewings To Be Confirmed
Area statistics
Crime score
High crime
10/10
About this agent
Auction House London is the largest branch of the Auction House UK brand. Auction House holds more auctions annually than any other firm of auctioneers in the UK and sold 4,957 properties throughout 2018 – over 1,000 properties more than our closest rivals. Co-founded by Andrew Binstock and Jamie Royston in 2011, Auction House London has grown year on year in its relatively short history to become one of the top 5 residential property auctioneers in the UK. We adopt a modern and dynamic approach to offering high quality auction facilities to both corporate and independent sellers and buyers. We firmly believe in the importance of extensive online marketing campaigns in addition to the traditional offline methods. Our forward thinking approach to auctions has been regularly applauded and we are very proud to be recognised as offering extremely high levels of customer service to all of our clients. With a proven track record in residential and commercial investments and property auctions, the team offers a fresh and energetic approach to their auctions, providing a quality service that achieves the right results for all parties.