Long Leasehold Interest For Sale Light Industrial ... AWS
Long Leasehold Interest For Sale Light Industrial Premises with Secure Hardstanding Yard Offers Sought in Excess of £600,000 483.14 sq m (5,200 sq ft) 67 Imperial Way, Croydon, Surrey CR0 4RR
Accommodation: The premises have the following approximate floor areas: Ground Floor Warehouse Ground Floor Workshop Garages Mezzanine Self-Contained Ground and 1st Floor Offices
294.63 sq m 57.40 sq m 24.19 sq m 43.66 sq m 63.26 sq m
3,171 sq ft 618 sq ft 260 sq ft 470 sq ft 681 sq ft
Total Gross Internal Floor Area:
483.14 sq m
5,200 sq ft
Side Yard Rear Yard
98.28 sq m 135.39 sq m
1,047 sq ft 1,457 sq ft
All dimensions and measurements are approximate, however these are based upon the principles laid down in accordance with the RICS Code of Measuring Practice.
Description: The property comprises a detached single-storey concrete portal framed building beneath a pitched roof, with two-storey offices to the front, and secure hardstanding yard. Amenities: Front and side loading doors 3 phase power Gas warm air blowers to warehouse Minimum eaves height 3.77m Self-contained offices
Gas fired central heating to offices Kitchenette Ladies/gents WC facilities Secure hardstanding yard Off-road parking
Important Note: Centro Commercial have not tested any services, heating system, electrical system, appliances, fixtures and fittings, that may be included in this property and would advise interested parties to satisfy themselves as to their condition or investigating the presence of any deleterious materials. Location: The premises are located on the southern side of Imperial Way. Access to Imperial Way is gained from the A23 Purley Way, with Croydon Town Centre located approximately 1.5 miles to the North East and the M23/M25 approximately 6 miles to the South via the A22 and A23. Waddon mainline BR Station is within 0.75 miles to the North and provides a direct service to London Victoria and London Bridge. Tenancy: The self-contained offices are currently let out on an Underlease outside the Security of Tenure and Compensation Provisions of the Landlord & Tenant Act 1954 (as amended) Part II for a term of 7 years from 24/01/2017 to KAT Transport Limited at a rental of £12,000 per annum inclusive with a Tenant only break in on 24/01/2020, and a rent reviews on 24/01/2020 and 24/01/2023. Terms: The premises are held on a 125 year Lease from 22/07/2005, with 10 yearly rent reviews. The current passing Ground Rent is £12,500 per annum exclusive. Our Client is seeking to Assign their existing Leasehold interest, subject to the existing tenancy for the self-contained offices. VAT: The property has not been elected for VAT. EPC: The property has a current rating of C (63).
Premium: We are instructed to seek Offers in Excess of £600,000 for the benefit of the long Leasehold interest. Rates: According to the VOA website, the property has a Rateable Value of £24,250. Therefore, Rates Payable in the current financial year for 2017-2018 are £11,615.75. 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. Legal Costs: Each party is to be responsible for their own costs in this transaction. Viewing: Strictly by appointment through Sole Agents
Centro Commercial Limited 020 8401 1000 See a selection of our properties at www.centro.plc.uk
Accommodation: The premises have the following approximate floor areas: Ground Floor Warehouse Ground Floor Workshop Garages Mezzanine Self-Contained Ground and 1st Floor Offices
294.63 sq m 57.40 sq m 24.19 sq m 43.66 sq m 63.26 sq m
3,171 sq ft 618 sq ft 260 sq ft 470 sq ft 681 sq ft
Total Gross Internal Floor Area:
483.14 sq m
5,200 sq ft
Side Yard Rear Yard
98.28 sq m 135.39 sq m
1,047 sq ft 1,457 sq ft
All dimensions and measurements are approximate, however these are based upon the principles laid down in accordance with the RICS Code of Measuring Practice.
Description: The property comprises a detached single-storey concrete portal framed building beneath a pitched roof, with two-storey offices to the front, and secure hardstanding yard. Amenities: Front and side loading doors 3 phase power Gas warm air blowers to warehouse Minimum eaves height 3.77m Self-contained offices
Gas fired central heating to offices Kitchenette Ladies/gents WC facilities Secure hardstanding yard Off-road parking
Important Note: Centro Commercial have not tested any services, heating system, electrical system, appliances, fixtures and fittings, that may be included in this property and would advise interested parties to satisfy themselves as to their condition or investigating the presence of any deleterious materials. Location: The premises are located on the southern side of Imperial Way. Access to Imperial Way is gained from the A23 Purley Way, with Croydon Town Centre located approximately 1.5 miles to the North East and the M23/M25 approximately 6 miles to the South via the A22 and A23. Waddon mainline BR Station is within 0.75 miles to the North and provides a direct service to London Victoria and London Bridge. Tenancy: The self-contained offices are currently let out on an Underlease outside the Security of Tenure and Compensation Provisions of the Landlord & Tenant Act 1954 (as amended) Part II for a term of 7 years from 24/01/2017 to KAT Transport Limited at a rental of £12,000 per annum inclusive with a Tenant only break in on 24/01/2020, and a rent reviews on 24/01/2020 and 24/01/2023. Terms: The premises are held on a 125 year Lease from 22/07/2005, with 10 yearly rent reviews. The current passing Ground Rent is £12,500 per annum exclusive. Our Client is seeking to Assign their existing Leasehold interest, subject to the existing tenancy for the self-contained offices. VAT: The property has not been elected for VAT. EPC: The property has a current rating of C (63).
Premium: We are instructed to seek Offers in Excess of £600,000 for the benefit of the long Leasehold interest. Rates: According to the VOA website, the property has a Rateable Value of £24,250. Therefore, Rates Payable in the current financial year for 2017-2018 are £11,615.75. 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. Legal Costs: Each party is to be responsible for their own costs in this transaction. Viewing: Strictly by appointment through Sole Agents
Centro Commercial Limited 020 8401 1000 See a selection of our properties at www.centro.plc.uk
