Investment for sale Croydon CR0 3RZ,37898sq ft

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Investment

Investment For Sale Croydon

PROPERTY ID: 139925

PROPERTY TYPE

Investment

STATUS

Under Offer

SIZE

37,898 sq.ft

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

Property Details

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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About the Agent

Stiles Harold Williams Partnership LLP

See Agent's Other Properties

Investment Unit

£1,000,000 Freehold

Enterprise Close,Factory Lane, Croydon, CR0 3RZ

Investment - Under Offer
37,898 sq ft
3,521 sqm

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