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Modern Light Industrial Unit, Unit 2 Valley Point, Beddington Farm Road, Croydon, CR0 4WP

6,019 Sq Ft / Industrial / Light Industrial

Withdrawn - Last updated: 21 October 2019

The modern industrial building is of steel frame construction with profile metal cladding and pitched roof.

( Agency Pilot Software Ref: 242 )

Location

Valley Point Industrial Estate is located between Stirling Way and Brazil Close, at the north eastern end of Beddington Farm Road, close to its junction with Coomber Way, in the heart of Croydon's main Purley Way industrial area. Valley Point is conveniently served by Croydon's Tramlink system - Line 1 with a regular service every 10 minutes between Wimbledon and Elmers End via Central Croydon.

Junction 7 of the M25 Motorway is only 7 miles to the south via the A23 Purley Way, affording easy access to Gatwick Airport, the Channel Ports and Channel Tunnel. Central London is approximately 12 miles to the north.

Accommodation

Ground Floor Industrial/Trade Counter - 253.00 sq m (2,723 sq ft)
Mezzanine Storage - 173.89 sq m (1,872 sq ft)
First Floor Office/Staff/Production - 54.54 sq m (587 sq ft)
Second Floor Offices/Meeting Room/Comms Room - 77.70 sq m (836 sq ft)
Total Gross Internal Floor Area: 559.13 sq m (6,018 sq ft)

Terms

The property is either available Freehold for sale with full vacant possession, or to let on a new Full Repairing and Insuring Lease for a term to be agreed.

VAT: The property has been elected for VAT.

Rental: The commencing rental is £50,000 per annum exclusive.

Price: We are instructed to seek £850,000 for the Freehold interest of the property.

Rates: According to the VOA website, the property has a Rateable Value of £26,250. Therefore, Rates Payable in the current financial year for 2019-2020 are £13,230.

NB: Please note that the rates actually payable may be subject to transitional relief. For a more accurate assessment of rates payable for the current year, please contact the Local Authority.

EPC: The property has a current rating of D (96).

Legal Costs: Each party is to be responsible for their own costs in this transaction.

Specification

The ground floor industrial area benefits from:

  • Electric roller shutter door
  • Trade counter area
  • Sodium lighting
  • Three phase power
  • Floor loading 50kN/m²
  • Ladies and gents WC facilities
  • Front Forecourt/Yard with dedicated car parking

The office areas benefit from:

  • Air conditioning
  • Suspended ceilings
  • Gas fired central heating
  • Strip lighting
  • Perimeter trunking
  • Raised floors
  • Demountable stud wall/glass partitioning
  • Conference Room / Boardroom


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