Amazon has signed a pre-let agreement for a new storage and distribution centre at Croydon’s former Toys R Us store on the Purley Way.
The vacant retail warehouse, managed by Nuveen Real Estate, is set to be turned into a 51,000 sq ft logistics hub including around 4,000 sq ft of offices. Nuveen’s Janus Henderson UK Property PAIF filed an application last week to discharge one of the conditions set out by Croydon Council for the development, located on Trojan Way.
The council granted planning permission earlier this month and the new application relates to construction access arrangements at the site.
The application, for a change of use from retail to storage and distribution, includes a full-scale refurbishment and extension of the existing building as well as new office space, loading doors and external yard.
FI Real Estate Management, which took control of the Toys R Us estate in the UK after the retailer collapsed, sold the property last year for £16.1million and Amazon has been establishing a series of footholds in and close to London, as the competition for last-mile logistics locations intensifies.
Knight Frank and CBRE are joint letting agents for the Croydon property.