102 North End 1,686 SF Retail Building Croydon CR0 1UD $1,803,318 ($1,069.58/SF)

The Ground Floor Shop is let to Mobile Xchange Limited for 10 years from 8 April 2021 on the equivalent of full repairing and insuring terms at £55,000 pa. There is a tenant only break clause (exercisable on 6 months’ written notice) and an upward only rent review at the end of the fifth year which has not yet been implemented.
The Upper Parts are let on ASTs as follows:
102A (First Floor) for 1 year from 31 July 2023 to 30 July 2024 to an individual at a current rental of £1,233 pcm, being £14,100 pa with tenant paying Council Tax and all utilities. The rent increases by 5% on 31 July of each year. Mutual rolling break clause after 6 months, operational on two months’ notice. Managing Agent’s Scheme in place of a deposit the tenant pays an additional monthly sum to the Managing Agent who will pay the landlord up to 7 weeks’ rent should the tenant be in default.
102B (Second Floor) from 30 March 2025, extended for 12 months to Jan individual at £1,000 pcm being £12,000 pa, with tenant paying Council Tax and all utilities. Deposit of £1,153.31 held in the Tenancy Protection Service.
102C (Third & Fourth Floors) from 22 June 2025 for 12 months and 5 days to two individuals at a current rent of £1,350 pcm being £16,200 pa with tenant paying Council Tax and all utilities. Deposit of £1,246.00 held in the Deposit Protection Service Current Total Rent: £98,736 pa subject to reviews.