The subject property is situated in a parade of retail units that forms the main local retail facility serving the surrounding residential population.
Nearby well-known multiple occupiers within Central Parade include: Co-Op Food, Costa, Betfred, Card Factory, Morrisons Daily, KFC, Jennings Bet, Greggs, Iceland, Domino’s, Sense and Kaspa’s, amongst many established independent operators.
The parade has good transport facilities with tram links to Croydon, Wimbledon and Beckenham, as well as numerous local bus routes.
Accommodation:
The property is arranged over Ground Floor (Commercial), First and Second Floors (Residential).
Approximate Net Internal Areas -
Ground Floor Commercial: 605 sq. ft.
Residential Upper Floors: 710 sq. ft.
The First Floor residential (accessed from the rear) comprises of two bedrooms, reception room, separate kitchen and bathroom.
The premises also benefits from a rear yard behind, with the potential to be developed (STPP).
Tenancy Information:
The Ground Floor commercial lease has been agreed to be renewedon a 10-year FRI lease from 17th November 2026 to Harvey &Thompson Limited at a rental of £20,000 per annum exclusive. The lease is subjectto an open market upwards only rent review on 17th November 2031,with Tenant only break in the 5th year on 6 months prior writtennotice.
Harvey & Thompson Limited have accumulated over 290 stores spreadacross the UK and have a Turnover of £311.2m, a Gross Profit of £190.7m and Pre-TaxProfit of £35.8m (latest figures from Year End Accounts – 31stDecember 2025).
The 2-bed residential flat is currently vacant, with ananticipated rental income of £1,500 per calendar month.
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