Commerce Way, London, CR0

LOCATION: - The property is situated on the second floor of an industrial building on Commerce Way, just off of the A23 Purley Way. Purley Way is a bus route connecting Thornton Heath to Purley. Waddon Marsh tram stop (providing links to Wimbledon and East Croydon Station) is a short walk from the property. Purley Way offers a range amenities such as a large Sainsbury's, Aldi, Adidas Outlet and Marks & Spencers.

DESCRIPTION: - The property comprises a second floor, largely open plan office space. The property is accessed via a communal front door shared with Fleetline Coachworks who occupy the ground floor space. There is a kitchenette and shared WC facilities. There is a partitioned director's office.

ACCOMMODATION: -
Total floor area 80m² (861ft²) approx.

TENURE: - The property is to be offered by way of a new lease, the length of which is to be negotiated.

USE/PLANNING: - We understand the property currently falls within Class E (Retail / Office) of the current Town and Country Planning (Use Classes) Order.

Interested parties should make enquiries of the Local Authority in respect of their intended use prior to offer

RENT: - An initial rent of £8,500 (eight thousand five hundred pounds) per annum exclusive is sought.

BUSINESS RATES: - The property has a rateable value of £12,250. Interested parties should make enquiries of the Local Authority regarding the rates payable.

EPC RATING: -The building has an EPC rating of 48 within Band B.

VAT: - We understand that the premises is elected to VAT therefore VAT will be chargeable on all outgoings.

BUILDING CONTRIBUTIONS: -

Electricity - the office supply is metered. Usage charged monthly using meter readings.

Gas - calculated as a percentage of occupied space. Currently 4.3% of total monthly bill for the building.

Broadband - existing dedicated fibre line into the building. £91.67 per month contribution.

Other charges include water, waste collections, and cleaning.

Insurance - buildings and terrorism insurance is arranged by the superior landlord. There would be a contribution of 5%.

Tenants are required to have a minimum of £10m public liability insurance cover arranged prior to occupation.

VIEWINGS: - Viewings by prior arrangement - please telephone .