Commercial property with driveway and garden

A unique opportunity to purchase this two-storey detached commercial investment property with future development potential, subject to gaining any necessary planning consent. The property is configured into various rooms comprising classrooms, managers office, w/c facilities, kitchen and conservatory. The property also benefits from a large rear garden and sizeable front driveway. The Auctioneers have not been able to inspect the property, therefore, are unable to confirm the condition or layout of Russell Hill Road, Purley. Situated on the eastern side of Russell Hill Road, within the London Borough of Croydon. Purley town centre and Purley Railway Station are approximately 500 metres south, with Purley town providing various amenities including national and local retailers and restaurateurs. The property has a total approximate floor area of 263.23 sqm / 2,833 sq ft. It is let to a private individual on a full repairing and insuring lease for a term of 15 years from 1 November 2024. The current passing rent is £74,750 per annum exclusive. Rent reviews are dated 1 November 2027 and every third anniversary of that date. The property falls under council tax band G and has an EPC rating of D.