The Property is located in South Norwood, approximately 3 miles north of Croydon and a 10 minute train journey from London Bridge. The ground floor is let to JD Wetherspoon, whilst the upper floors are arranged as 9 self-contained residential flats. Acquired in December 2013.
This asset is a long term hold, and we have commenced a programme of refurbishment and repositioning of the residential parts. In addition, since purchase two further blocks of retail and residential accommodation have been acquired nearby, with a view to building a larger holding in the area.
Acquired on behalf of: