Summary - Station Approach, Purley Oaks Road, South Croydon CR2 0QD
1 bed 1 bath Commercial Property
Compact freehold retail unit next to Purley Oaks station — trading takeaway with food licence.
Freehold ground-floor retail unit, approx 40 sqm
A compact freehold retail unit in a prime South Croydon location, adjacent to Purley Oaks mainline station. The ground-floor unit extends to about 40 sqm and is currently let to a fast-food operator, producing a quarterly rent of £2,457 and an indicative 6.5% yield.
This property benefits from a food licence, rear access and off-street parking, making it straightforward for an owner to retain the existing tenant or relet to similar uses. Rent is reviewed in May 2026, offering a near-term income uplift potential before the lease expires in May 2028.
Buyers should be clear-eyed about the material drawback: only three years remain on the current lease. This short lease term will limit mortgage options — many lenders may refuse lending — and puts responsibility on the purchaser to negotiate a new lease or secure a replacement tenant. The unit is small and best suited to investors seeking a hands-off, short-to-medium term income play in an affluent, well-connected neighbourhood.
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