Headquarters Office Investment, Focal Point, 7 – 8 Commerce Way, Croydon, CR0 4XA

- Strategically located on Commerce Way just off the A23 Purley Way.
- By train London Bridge is accessed within 12 minutes and Gatwick Airport in 16 minutes.
- Modern detached hybrid Headquarters Office with ancillary Warehouse accommodation totaling 28,804 sq ft (2,675.8 sq m).
- Let on a new 10 year lease from 9th March 2015 to Design Blue Limited, subject to a tenant only break option in March 2021 and a break penalty.
- A unexpired lease term to expiry of 9.75 and 5.75 years to the break option in 2021.
- The tenant has recently completed a substantial refurbishment in excess of £500,000 in June 2015.
- Current passing rent of £345,648 per annum equating to £129.18 per m2 or £12 per sq ft on an overall basis.
- Offers in excess of £4,666,000 (Four Million Six Hundred and Sixty Six Thousand Pounds), subject to contract exclusive of VAT is sought for the Freehold interest.
- A purchase at this level reflects a net initial yield of 7.00% after allowing for purchasers costs of 5.80%.
- Capital value at the quoting price equates to £1,744 per m2 or £162 per sq ft.