| Property Type | Investment / Industrial |
| Tenure | For Sale |
| Size | 3,399 sq ft |
| Price | Offers in the region of £795,000 |
| Business Rates | £5.95 per sq ft Interested parties should make their own enquiries with the local authority. |
| Rateable Value | £40,500 |
| Service Charge | TBC |
| Estate Charge | TBC |
| Energy Performance Rating | This property has been graded as E (123) |
The investment offers a reversionary opportunity with prime rents in Croydon having achieved £22.00 psf in 2024, with many new and good quality refurbished units being marketed at between £25 and £22.50 per sq ft.
The property was constructed in 2004 and comprises a mid-terrace, two storey industrial unit with clad elevations and a pitched roof. The unit offers full height electric loading doors and first floor office space.
The unit is ideally located on Beddington Farm Road a short distance from the Tram Stop which offers excellent connectivity west to Wimbledon and eastwards to Croydon town centre and beyond to Beckenham.
Beddington Farm Road connects directly with the A23 Purley Way providing access to the M25 approx 10 miles to the south. It also provides access via Coomber Way Link Road to Beddington Lane which in turn connects to the north with the Mitcham Road. The property is well located to access and service Central London.
The property is let to Anspach and Hobday Ltd for a term of 8 years from 20th May 2022 at a current passing rental of £53,000 and subject to review on the 20th May 2026.
