Z.C.RONOGIL Investments Ltd 2/8 Park Lane • 29/31 Park Street • Croydon CR0 1JA

Description The property comprises two retail/leisure units over ground and first floor. The property is of a modern construction built in 2000 by Galliard Homes. The units benefit from a triple-fronted glass façade with partial brick elevations. The two units both occupy two floors from street level (including a mezzanine level) and basement. Internally the units have an open plan trading area with trade kitchen, storage, mechanical cellar service lift, male, female, and disabled WCs. The first floor comprises some trading areas as well as a self-contained bedsit with bathroom and a flat with double bedroom, lounge and bathroom for the bar/restaurant manager. This is however currently used as training space for the commercial tenant. There are 13 residential flats above the units with separate access, which do not form part demise. To the rear of the ground floor service area is an enclosed yard with secure access to Park Street and the first floor residential unit. The flat roof area over the ground floor also houses the external plant equipment. Z.C.RONOGIL Investments Ltd CROYDON

Accommodation CAMDEN TOWN Location A40 A13 CAMDEN TOWN RAINHAM Following an extensive refurbishment, the Stonegate A40 A13 Croydon is a large town in south 9.5 miles south of Charing Cross. It LONDON CITY RAINHAM Pub Company has rebranded ‘Bar 10’ to the more A316 WESTMINS TER CITY is identified in the London Plan as one of 11 metropolitan centres in Greater LONDON WOOLWICH popular ‘Slug and Lettuce’ format, this coincided A316 WESTMINS TER GREENWICH London. Croydon lies on a transport corridor between central London and A202 GREENWICH WOOLWICH A24 A207 with the tenant entering into a 10 year reversionary A202 A20 the south coast of England, to the north of two gaps in the North Downs, one lease. This demonstrates the strength of the location A24 LEWIA2S0HAM A207 followed by the A23 Brighton Road through Purley and Merstham and the A3 A214 A2 1A as a leisure destination and the tenant’s long term A205 DARTFOR1AD main railway line and the other by the A22 from Purley to the M25 Godstone A3 A214 A21 A2 A205 A2212 A223 DARTFORD commitment to the property. A21 A20 2 interchange. A2212 A223 2 Floor sq ft sq m A23 A20 Croydon Vision 2020 is a regeneration programme brought forward by the A23 THE PROPERTY BROMLEY SWANLEY local authority to transform the centre of Croydon by the year 2020. The A24 3/1 Unit 1 Slug & Letuce Pub 8,785 816.1 BROMLEY SWANLEY M20 programme seeks to dramatically change the urban landscape of Croydon A24 THE PROPERTY A217 ORPHINGTON 3/1 M20 A232 A232 EYNSFORD and promote it as a hub of living, retailing, culture and business. A plethora A217 CROYDON ORPHINGTON Unit 2 Wagamama Ltd 9,720 902.9 A232 A224 SUTTONA232 CROYDON EYNSFORD of private developers have responded to this initiative on a large scale A235 NEW ADDINGTON A224 WEST Total 18,505 1,719.0 SUTTON A2022 4 A217 A235 KINGSDOWN and currently £3.5 billion has been committed to consented and proposed A2022 NEW ADDINGTON 4 WEST A217 KINGSDOWN development projects with more in the pipeline. BIGGIN HILL M25 BANSTEAD BIGGIN HILL Tenure BIGGIN HILL M25 OTFORD Westfield and Hammerson have signed a £1bn deal to regenerate shopping BANSTEAD A23 BIGGIN HILL OTFORD A22 A233 M26 centres in Croydon which will enhance the local area and create 5,000 The property is held Long Leasehold for a term of 125 A23 5 A22 A233 M26A25 7 M25 5 new jobs. The developers entered into a 50/50 joint venture to transform years from 29 September 1997 at a peppercorn rent. A25 7 CATERHAM S M25 A21 Croydon’s Whitgift and shopping centres at the start of 2013. The flats above the commercial units are held within the 7/8 8 CATERHAM6 LIMPSFIESLD M25 A21 SEVENOAKS Depending on the planning process, building work is expected to start in 7/8 leasehold demise and have been sold off on long leases. 8 6 LIMPSFIEOXTED LD REDHILL M23 M25 SEVENOAKS 2015. OXTED REDHILL M23 REIGATE A scheme known as The Croydon Gateway (Ruskin Square) has been Rental Income REIGATE D prepared by developer Stanhope, and their financial backers, Schroders. The

W R The property is let to two tenants producing a total D D scheme includes 560 homes and office buildings, a new

W R R rental income of £240,000 per annum. The average E A D and an urban park. The scheme design will comprise a 29-storey tower block L H R E weighted lease term is 20.2 years to expiry. L C A L R E H which will would front on to George Street, next to . L O C S Y R E O L R Both schemes are seen as groundbreaking progress for Croydon and South S E Y Covenant Information R

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E London as a whole. R

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Stonegate Pub Company is the largest privately held D C WHITGIFT H The Mayor of London, Boris Johnson, has said he would support Croydon

R CROEAYDONST CENTRE C manged pub operator in the UK. It trades in some 560 D 2

WHITGIFT CROYDON being granted city status and announced £23m of additional funding to help

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U 2 locations under a multitude of brands including the 2

N 2 redevelop the town at the ‘Develop Croydon’ Conference in November 2011. P D

A U EAST CROYDON A S E 2 Yates’s Slug & Lettuce brand. The subject property N DRUMMOND P S R Several luxury Docklands style apartment developments have been built in

A D EAST CROYDON A CENTRE S E DRUMMOND S R T trades under ‘The Slug and Lettuce’ brand. Stonegate GEORGE ST E S E recent years, and several more are being built or planned. ,

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GEORGE ST GE S E is owned by TDR Capital who have currently manage V

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G B which will include an iconic 45-storey tower, is under construction, and other

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funds of circa 2.6 billion euros. G

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S T P C developments with towers over 50 floors high have been given planning

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S T P D approval.

Wagamama is a restaurant chain, serving pan-Asian RK R COURTS COLLEGE A PA A D K ELD R R FI food in the style of modern Japanese Ramen bar. The COURTS FAIR D K R THE PROPERTY YRD RFIELD chain currently operates 105 restaurants, with 66 across RCLA FAI Situation THE PROPERTY BA YRD the UK, and a further 39 branches overseas in Ireland, RD CLA FELL BAR O PARK The property is situated on the junction of Park Street and Park Lane – one ELL RD the Netherlands, Turkey, Australia, Kuwait, the U.A.E., L H F YOVER HILL

O D NT FL PARK of the main thoroughfares from North End to East Croydon Station. The D L

Belgium, Malta, New Zealand, Switzerland, Egypt, L T IL N RIDGVE RER HILL A TH O ELDYO N

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P IL Y N GE R proposed Croydon Gateway scheme (now known as Ruskin Square) is 100

T 2 RID A H D N Cyprus, Denmark, Greece, Sweden and the United W M T O E P O A O U DS A P 3 P YL metres from the subject property, adjacent to east Croydon Station. N M R I H 2 W T 5 States. OA 2 U C S A P P 3 N RP IL 1 5 M A 2 C P 2 U P P 1

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