Mitcham Road, Croydon

LOCATION

The premises are situated on the busy A236 Mitcham Road approximately 1 mile north west of Croydon town centre in a predominantly residential area but with some moder perhaps Council housing nearby together with a small local shopping parade.

DESCRIPTION

Probably originally constructed as a pair of semi-detached houses or shops built around the turn of the last century, and now converted to office accommodation at ground and first floor levels. There is ground floor storage areas in an attached building at the rear.

The property is currently arranged as a range of reception and private office rooms, meeting rooms, stores, kitchen and ancillary over the two floors as shown in the existing use floorplan to suit the current owner occupiers business needs. The trading business has now been sold and is being relocated so our Landlord client is now looking to relet or sell the building.

Ground and first floor offices with ground floor storage building to the rear. Approximately 5 car parking spaces on forecourt and at the side of the building.


THE OPPORTUNITY

Our Client is open to reletting the premises or sale of the freehold interest with full vacant possession either for continuing commercial use or for redevelopment to a residential scheme. In looking at strategy our client has appointed a planning consultant to advise on what residential schemes may be acceptable to the LA and most deliverable both for conversion and remodelling of the current building and also demolition and new build. Options for a scheme of new built houses has been considered . Our client would rather sell than develop the site himself.

ACCOMODATION
Approximate measurements are as follows:

Floor Sq Ft Sq M
Ground Floor Offices 879 81.67
Kitchen 54 5.02
Internal Storage 264 24.53
First Floor Offices 894 83.06
Shower Room 57 5.30
External Storage 567 52.68
Total Offices 1,884 175.03
Internal Storage 264 24.53
External Storage 567 52.68

PLANNING

The premises has operated for many years first as an office under the current ‘E’ use class and no planning applications have yet been submitted for alternative uses.

RENT & LEASE TERMS

A NEW LEASE can be offered for a term and rent review pattern to be agreed, with our client having a ten year term in mind at a commencing rent of £29,500 per annum exclusive, subject to contract.

FREEHOLD SALE

The preference is for Leasehold but a Freehold sale could be of interest for the right terms that may suit our client, subject to contract and full vacant possession at Offers in the region of £500,000.

VAT

We are advised the premises are not elected for VAT. TO BE CONFIRMED

LEGAL COSTS

Each party are to bear their own legal costs in the transaction for either a letting or sale.

BUSINESS RATES

From internet enquiries only the business rate assessment is as follows:
Rateable Value £21,750
Uniform Business Rate £0.49.9 (1 April 2026)

Interested parties should verify this information and any transitional adjustments prior to entering into any contract

EPC

A new EPC is being commissioned.

VIEWING

Strictly by appointment with the Landlord’s Agents: Robinsons, telephone