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90 High Street, Croydon Mixed use for sale
90 High Street , Croydon
£750,000
90 High Street , Croydon
£750,000
Our Summary
- There is also the opportunity to extend and convert the property, with the possibility (subject to planning permission) to convert the rear storage area on the ground floor into a self-contained studio flat
Description
This mixed-use property on Croydon's High Street offers a unique opportunity for owner-occupiers and investors alike. The ground floor features a large vacant retail unit, while the upper parts are home to a two-bedroom flat. A wine bar/nightclub is currently on a 20-year lease, paying £15,000 plus VAT per annum, with a rent review in 2025. The flat above is also let on an AST to a professional couple. Additionally, there is potential to extend and convert the property, including the possibility of adding a self-contained studio flat to the rear storage area, subject to planning permission. With its prominent location and varied income streams, this property presents several options for prospective purchasers.