£340,000
Retail premises for sale
Property photos
Guide price
£340,000
(£180.47/sq. ft)
Retail premises for sale
Mulberries & Willows Nursery & Preschool, 9 Fell Road, Queen's Quarter, Croydon CR0Local area information
Property location
Nearby amenities
- Old Palace of John Whitgift School 0.3 miles
- Croydon Metropolitan College 0.3 miles
- East Croydon 0.4 miles
- West Croydon 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Bedford Park, South Croydon and Croydon to find out more about the local area.
Features and description
- Leasehold
- Nursery investment located within the Queen's Quarter Development in Croydon town centre, a popular London commuter town, approximately 9.5 miles south of Central London
- Occupied by Mulberries and Willows Nursery and Preschool Ltd on a 10-year lease from January 2023, with a rent of £43,915 per annum
- The property has a gross internal floor area of 1,884 square feet (175 square metres)
- The property is to be offered in the Auction House London auction on 4th March 2026
- Guided at £340,000, which represents a gross yield of 13%
- EPC Rating - A
Location
The property is located within Block 2 of the new Queen's Quarter development, a thoughtfully designed neighbourhood in Croydon town centre.
The development fronts onto The Queen’s Gardens, a revitalised community green space, comprising vast lawns, trees, a large children’s play area with benches, and a sunken garden area with flower beds.
Queen's Quarter also benefits from exceptional connectivity to London and beyond. Situated just moments from East Croydon station, it is one of the busiest public transport interchanges in the UK. Regular services provide direct access into London Victoria Station (17 minutes) and London Bridge Station (13 minutes), which in turn link to the London Underground networks. Three local tram routes and several bus routes are also available adjacent to
the development.
Please note all times and distances given are approximate only.
Description
The property is arranged over ground floor only. The property has a gross internal floor area of 1,884 square feet (175 square metres).
Please note that the sizes given are approximate only. All interested parties are advised to rely on their own inspection and survey.
Tenancy
The property is let to Mulberries and Willows Nursery and Preschool Ltd on a 10-year lease from January 2023, with a rent of £43,915 per annum topped up to 2027 review rent figure. There is a cpi linked rent review in 2027. The lease is held outside the Landlord and Tenant Act 1954 and benefits from 2 personal guarantees.
Tenure
The property is held on a 250-year lease from August 2019 with no ground rent payable.
Vat
The property is elected for VAT.
Terms
The property is to be offered in the Auction House London auction on 4th March 2026. The property is guided at £340,000 which is a 13% gross yield.
Viewings
Viewings are strictly by appointment through joint auctioneer Harston&Co.
Floor plans and tours
Floor plans (1)
1 floor plan available
View the floor plan to understand the space and layout of this property.
More information
Listed by
Property descriptions and related information displayed on this page are marketing materials provided by - Harston&Co. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Harston&Co for full details and further information.
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