Executive Summary
- Commercial 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 The Village Table Ltd on a 10-year lease from December 2025, with a rent of £43,000 per annum
- The property has a gross internal floor area of 2,605 square feet (242 square metres)
- The property is to be offered in the Auction House London auction on 18th March 2026
- Guided at £350,000, which represents a gross yield of 12.3%
- EPC Rating - A
Location
The property is located within Block 4 of the new Queen's Quarter development, a thoughtfully designed neighbourhood in Croydon town centre. The development includes over 500 residential units as well as commercial space.
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 2,605 square feet (242 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 The Village Table Ltd, a coffee lounge and creative community hub, on a 10-year lease from December 2025, with a current passing rent of £43,000 per annum. There is a tenant break option and CPI linked rent review in December 2030.
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 18th March 2026. The property is guided at £350,000 which is a 12.3% gross yield.
Viewings
Viewings are strictly by appointment through joint auctioneer Harston&Co.