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Office for sale

Southbridge Road, South Croydon, Surrey, CR0

Under Offer 730 sq. ft. | £180,000

Property Description

Commercial information

  • 730 sq ft (67 sq m)
  • Use class orders: A1 Shops and A2 Financial and Professional Services

Full description

Tenure: Freehold

LOCATION

The premises occupy a highly convenient location close to the centre of Croydon on Southbridge Road. Both South and East Croydon Railway Stations, Tramlink, the proposed Westfield and existing Whitgift and Centrale shopping centres are all within easy walking distance. Croydon benefits from excellent road connections with access to Junction 7 of the M25 only 6 miles to the south and central London 11 miles to the north. Business parking permits are available from London Borough of Croydon for the surrounding area.

PROPERTY SUMMARY

Self-contained ground floor office premises currently arranged to provide a front reception area with six individual rooms behind together with a large kitchen and toilet. The offices benefit from both gas central heating (via wall mounted radiators), carpeting and are in good decorative order. There is also a small rear patio / yard. The two flats above have been sold off on long leases.

The accommodation and net internal floor areas are as follows:-

Offices / Storage 694 sq.ft (64.5 sq.m)
Kitchen 36 sq.ft ( 3.3 sq.m)
Total 730 sq.ft (67.8 sq.m)

TERMS

The freehold includes two flats situated above the offices, both of which have been sold off on long leases. The first floor, one bedroom flat is subject to a 125 year lease from 2011 and the second floor, studio flat is on a 99 year lease from 1999. Both flats are subject to fixed ground rents of 100 per annum.

Offers in excess of 180,000 for the freehold interest. Subject to contract

VAT

We understand that VAT is not applicable to sale price.

RATES

The Valuation Office Agency Website lists the property as "Shop & Premises" and advises that the 2010 Rateable Value is 5,000. Further enquiries in this regard should be made to London Borough of Croydon.

LEGAL COSTS

Each party is to bear their own legal costs


More information from this agent

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