CR0 308 Thornton Road, Croydon

Ground floor commercial unit within a mixed use development, held on 125 year lease

Prominent location on Lombard Roundabout, just off the A23 (Purley Way)

Let to Bupa Occupational Health Limited, part of the Bupa Group

Bupa lease runs until August 2030

Passing Rent: £45,000 per annum

OIEO £450,000 reflecting a net initial yield of 9.57%

The property is situated in a very prominent location at the Lombard roundabout on the A23 where Purley Way, Thornton Road, and Mitcham Road meet.

The property forms part of the ground floor of a residential development sited on this major traffic route.

There is a high level of vehicular traffic passing this visible site, which is located within a high-density residential area in the London Borough of Croydon

Rental Income £45,000 pa

Held on 125yr LongLease