Supermarket, gym and office building

Prime site, a short walking distance from West Croydon Overground Station. The property comprises a supermarket, gym and office building arranged over six floors in total, including two levels of parking. Fully let to the very low risk national covenants. Excellent security of income with a Weighted Average Unexpired Lease Term (WAULT) of approximately 17.5 years to lease expiries and 14.3 years to breaks. A surface car park provides c. 174 spaces for the use of the retail and gym customers, a ratio of 1:123 sq ft. Undercroft car parking for the office occupier provides an additional 121 spaces, a ratio of c. 1:189 spaces. Total contracted rental income of £1,057,350 per annum. Significant opportunity to asset manage the asset on expiry of the existing office lease in June 2023.