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37,898 sq ft Investment For Sale, Croydon CR0, £1,000,000

Investment in Croydon
Investment in Croydon
Investment in Croydon
Investment in Croydon

Property ID: 139925

£1,000,000 Freehold

Enterprise Close, Factory Lane, Croydon, Surrey, CR0 3RZ

Type Investment
Status Under Offer
Size 37,898 sq ft / 3,521 sq m

Key Features

  • Offers are invited in excess of £1,000,000
  • 11 individually let industrial units, on a site of 0.87 acres
  • Opportunity for strong rental uplift
  • Passing rent of £110,720 per annum
  • Each unit has 3 phase power, a roller shutter door, dedicated parking, and loading areas

Specification

Roller shutter door
Yes
Loading bay / door
Yes
Three-phase power
Yes
Parking
Yes
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Description

The estate is situated in a burgeoning industrial area of Croydon adjacent to two new industrial schemes by Chancerygate and Bridge Industrial. Factory lane sits just off the A23 Purley Way, the main arterial road connecting Croydon to Central London (10 miles) and the M25 (9 miles).

Waddon Marsh tram stop is a 5-minute walk away and provides links to East Croydon, Beckenham and Wimbledon. East Croydon railway station is a 10-minute drive away and provides quick services into Central London via London Victoria and London Bridge.

Enterprise Close Is A Self-contained Industrial Estate Consisting Of 11 Small Units Of Brickwork Construction Under Metal Sheet Roofs. Each Unit Benefits From Wcs, 3- Phase Power, A Roller Shutter Door, Loading Area And Parking. The Total Site Area Is Approximately 0.87 Acres.

The Units Are Let On A Variety Of Expired Short-term Leases And Licences With Tenants 'holding Over', Providing Ample Opportunity For Rental Uplift.

The Estate Is Situated In A Burgeoning Industrial Area Of Croydon Adjacent To Two New Industrial Schemes By Chancerygate And Bridge Industrial. Factory Lane Sits Just Off The A23 Purley Way, The Main Arterial Road Connecting Croydon To Central London (10 Miles) And The M25 (9 Miles).

Waddon Marsh Tram Stop Is A 5-minute Walk Away And Provides Links To East Croydon, Beckenham And Wimbledon. East Croydon Railway Station Is A 10-minute Drive Away And Provides Quick Services Into Central London Via London Victoria And London Bridge.
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Stiles Harold Williams Partnership LLP
Stiles Harold Williams Partnership LLP View all properties

Property ID: 139925

37,898 sq ft Investment For Sale, Croydon CR0, £1,000,000
£1,000,000 Freehold

Enterprise Close, Factory Lane, Croydon, Surrey, CR0 3RZ

Investment|Under Offer|37,898 sq ft / 3,521 sq m

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Stiles Harold Williams Partnership LLP
Stiles Harold Williams Partnership LLP View all properties
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