Purley Cross Retail Park
Purley Way, Croydon, Greater London, UK, CR0 4NU
Super Prime, Greater London Retail Warehousing Investment Opportunity
Purley Cross Retail Park comprises 126,410 sq ft over five well configured, super prime, units. The site has recently been partially re-developed to create an unbroken terrace linking Currys on the eastern side of the site with the former John Lewis at Home store (to be Marks and Spencer) at the west. The new units, in the centre of the terrace are occupied by Aldi, Smyths Toys and Starbucks, directly fronting the A24 Purley Way thoroughfare.
Investment
Property Type
Investment Type
Property Status
Tenure
Floor Area
Min Floor Area
1 Sq Ft
0.09 Sq M
Max Floor Area
126410 Sq Ft
11743.78 Sq M
Subject To
Subject to Contract and Exclusive VAT
Transaction Date
02/02/2023
Price
£60000000
Rent
Gross Rent of £3,452,735
Rates Payable
Rates Payable
Rateable Value
Rateable Value
Rate Year
Rate Year
UBR
UBR
Rates
Rates
Service Charge
A service charge is in operation at the property. There is a current landlord shortfall of £12,844 pa.
Matt Beardall
Nicole de Blaquiere
Purley Cross Retail Park