Freehold Industrial Investment For Sale FREEHOLD INDUSTRIAL INVESTMENT FOR SALE Unit 5 Valley Point Industrial Estate, Beddington Farm Road, Croydon, Surrey CR0 4WP
UNIT 5 VALLEY POINT INDUSTRIAL ESTATE, BEDDINGTON FARM ROAD, CROYDON, SURREY, CR0 4WP Freehold Investment For Sale - Industrial Investment 16/11/2017
COVENANT INFORMATION Tropic Skin Care Limited
Tropic Skin Care Limited is a growing company incorporated in 2011 which retails natural and animal cruelty free skincare products. www.tropicskincare.com
Greater London Industrial Investment
A modern industrial unit constructed in 2004 which comprises a mid-terrace two storey business unit with clad elevations under a pitched roof.
Offers in excess of £925,000 plus VAT
The property has the following amenities:
Let to Tropic Skincare Limited
FRI Lease expiring April 2021
Passing rent £60,000 per annum exclusive
• • • • •
Ground floor internal height of 5m On-site car parking space High quality mezzanine Three phase electricity WC facilities
Registered Company No: 07840950
Year end 2016 the following financial information was posted for Tropic Skin Care Limited:
Arranged as ground floor warehousing with first floor offices constructed from a high quality mezzanine. The unit benefits from forecourt parking/loading and provides the following approximate areas:
Total net worth
Croydon is situated approximately nine miles to the south of Central London and has excellent transport links with three main line railway stations providing fast and frequent direct train services to London as well as regular services to the South Coast and Gatwick Airport.
Interested parties should verify the above covenant information.
Ground Floor Warehouse
First Floor Offices / Mezzanine
Croydon is strategically located for the national motorway network with the M23/M25 motorway intersection approximately 8 miles to the south.
Regeneration including the planned Westfield / Hammerson retail development, Ruskin Square and the extension of the East London Overground Line to West Croydon Station are transforming Croydon into a major business hub. The subject premises are located on Valley Point Industrial Estate, just off Beddington Farm Road which connects to Coomber Way and Ampere Way to the west of the Purley Way (A23).
LEASE The property is let to Tropic Skin Care Limited on a five year full repairing and insuring lease with a service charge provision from April 2016. There is a tenant only break clause at the third anniversary of the term subject to six months prior written notice.
Offers are invited in excess of £925,000. The above figure reflects a NIY of 6.14% after deducting standard purchaser’s costs.
VAT The property is elected for VAT.
The lease has been drafted outside the security provisions of the Landlord and Tenant Act.
It is anticipated a sale will be treated as a TOGC.
The passing rent is £60,000 per annum exclusive.
EPC The premises has an Energy Performance Rating of D – 81.
VIEWINGS – David Rundle t: 020 8662 2747 e: [email protected]
t: 020 8662 2704 e: [email protected]
SOCIAL Follow us on twitter @SHWProperty
SHW prepares sales and letting particulars diligently and all reasonable steps are taken to ensure that they are correct. Neither a seller nor a landlord nor SHW will, however, be under any liability to any purchaser or tenant or prospective purchaser or tenant in respect of them. If a property is unoccupied, SHW may not have all the information required by a prospective purchaser or tenant in its possession, may not be able to obtain it and may not be able to verify all the information which it does hold. The mention of appliances and/or services or heating/cooling system or any other plant or fenestration systems in this description does not imply that they are in working order. Prospective purchasers should make their own investigations before finalising any agreement to purchase or lease. Note: Any maps or plans included in this document are obtained from Promap under our Ordnance Survey Business Use Copyright licence ES 100017692 or are Goad Digital Plans including mapping data licensed from Ordnance Survey Crown Copyright 2007 under licence number PU 100017316