Prime retail and residential block

The subject block occupies a prime trading location. The property comprises an unbroken parade of six retail units, and 3 residential units, extending to 30,917 sq f. Predominantly arranged on basement, ground and two upper floors, some extended to third floor. Freehold held in 8 separate titles. The property is let to 10 tenants, producing a current rent passing of £1,003,160 pa. The WAULT to expiry is 5.7 years with 3.7 years to break. The property offers immediate asset management initiatives and potential to carry out further residential conversion/ extension of the ancillary upper parts, subject to planning and vacant possession. The property is not listed but sits within the Central Croydon Conservation Area.