Summary - Ye Market, South Croydon, CR2 6PW CR2 6PW
2 bed 2 bath Commercial Property
Prominent retail income with two flats for refurbishment and rental upside.
Three-storey freehold mixed-use Victorian building
A three‑storey Victorian mixed‑use freehold in a prominent South Croydon high‑street corner, offered with a ground‑floor shop and two vacant one‑bed flats above. The ground tenant pays £10,000pa with a lease renewal due 01.11.2027; the two flats are vacant and, once refurbished, are expected to let at around £1,300pcm each. The building includes one off‑street parking space to the rear and totals approximately 2,168 sq ft.
This property suits an investor or small owner‑occupier seeking immediate retail income plus short‑term refurbishment upside from the upper floors. Period features (bay windows, decorative timber gable, cast‑iron fireplace) give character that will appeal to renters or buyers after sympathetic updating. EPC ratings: first floor D, second floor C.
Key practical points: the flats require renovation/cosmetic updating before re‑letting; the retail lease is short‑dated which creates re‑letting or rent‑review risk from late 2027. The site benefits from excellent public transport — about 0.1 miles from South Croydon station — and fast broadband and mobile signal, but is on a busy main road with associated noise and limited private outdoor amenity.
Important location context: the immediate area has high footfall and wide amenity provision but records higher crime rates and local deprivation metrics. For investors this means strong rental demand potential counterbalanced by location‑specific management and security considerations.
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