This two-storey commercial building, located on the bustling Thornton Road in Croydon, presents a noteworthy opportunity for investors and developers alike. With its high visibility and accessible position within the London Borough of Croydon, this property is well-suited for various commercial ventures or potential redevelopment.
Currently operating as an owner-run car audio center, the premises spans approximately 1,050 square feet and boasts a converted loft space. The inclusion of a rear yard and a detached workshop that can serve as a double garage enhances its functionality. One of the key features of this property is the vacant possession, allowing new owners to explore immediate operational opportunities or creative redevelopment plans (subject to planning permission).
Positioned strategically along a busy thoroughfare, the location benefits from significant foot traffic and accessibility, making it an appealing choice for businesses looking to capitalize on local demand. Additionally, with proper renovations and updates, there is substantial potential to increase the property's value and appeal in a competitive market.
The freehold title offers long-term security for ownership while maintaining flexibility for future modifications. As it stands, the property holds a rateable value of £6,900 as recorded on April 1, 2023.
Given its current use, advantageous location, and renovation possibilities, this property represents an attractive investment opportunity for those seeking to expand their portfolio in an area poised for growth. Interested parties are encouraged to arrange viewings by appointment to fully appreciate what this unique offering has to provide.