27 October 2022
Prominent Freehold Office Sale - CROYDON
Commercial, Offices, SHW News
SHW have completed the freehold sale of Alhambra House, St Michael’s Road, Croydon on behalf of private clients.
The 8,316 sq ft building provided a rare opportunity to acquire a self-contained freehold office with vacant possession, within Croydon town centre and attracted interest from owner-occupiers, investors and developers.
The property was sold with vacant possession, following refurbishment to include new air conditioning, LED lighting and redecoration.
The instruction was a prime example of SHW’s joined up services, with:
- Commercial Property Management providing vacant property management services, including weekly insurance inspections.
- Professional Division providing empty rates mitigation advice
- Planning obtaining a Certificate of Lawfulness for Class E use.
‘It was very rewarding to get this transaction across the line on behalf of our clients. Interest in freehold opportunities is always strong and we would welcome the opportunity to discuss with owners of freehold properties of all sizes who are contemplating a sale of their asset.’
