A former community centre in Croydon could become a nursery as it goes up for sale.
The Peter Sylvester Centre, in Bramley Hill, has been listed on Zoopla at a guide price of £1.4 million.
The site is being marketed as a "day nursery investment", offering a rental income of £110,000 per year upon sale completion.
According to the Zoopla listing, it is let to Mind Crafters Limited on a 20-year lease, with the tenant making a "significant" investment to convert it into a "purpose-fitted, Ofsted-registered" nursery under the Safari Kid brand.
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The Zoopla listing from estate agent Acorn said: "Mind Crafters Limited will carry out a comprehensive fit-out and then operate an early years nursery under the Safari Kid brand.
"The surrounding area comprises a dense mixture private and public residential developments, including houses and apartments, providing a substantial local residential catchment for the proposed nursery."
The building sits on a 0.2-acre site on the southern side of Bramley Hill and is classified under the Class E planning use class.
It was one of 15 sites identified for sale by Croydon Council in February 2021 in a move to improve its financial state.
The centre had previously served as a hub for adults with disabilities before being earmarked for disposal.
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