Lohana Community South London Property Project

ST. ANDREW'S CHURCH HALL, LOWER COOMBE STREET, CROYDON CR0 1HD

Property Details: Provides the following accommodation - overall size 3815 sq. feet:
.. Two Entrance Lobbies each with cloakrooms
.. Large Hall 1718 sq. ft
... . Plus Stage 587 sq.ft.
.. Small Hall 935 sq.ft
.. Kitchen 195 sq.ft.
.. Food serving area in Large Hall 78 sq.ft
.. Office/ Storage space 55 sq.ft

Approximately 225 people can be seated in Large Hall and approximately 90-100 seated in the Small Hall. There is potential to enlarge the small hall and / or combine both halls.

Current Status: Contracts exchanged and Completion is planned for 31st August 2010

Finance: Total Cost is estimated £1 million 
   including the following:
Property Purchase £830,000
Acquisition costs 
   - no Stamp Duty due to our charity status
Immediate repairs and renovation
Purchase of necessary furniture and equipment 
Bills falling within first 12 months      
  - cash flow has been prepared & reviewed

Current Financial position:
    Finance secured, with own cash and 
      balance on loan with favourable terms
    Several major donations pledges received
    Fund Raising Schemes compiled

For any queries or further details please email 
          Property@LCSL.org.uk