Sales - Industrial  

63-65 Imperial Way, Croydon,
Surrey, CR0 4RR

LIGHT INDUSTRIAL/WAREHOUSE AND OFFICES


TO LET / FOR SALE (LONG LEASE)

 

 

 

Unit 63     617.44 sq m      (6646 sq ft)

Unit 65     464.20 sq m     (4998 sq ft)

Location
The property is situated on Imperial Way within the Croydon Airport Industrial Estate closely located to the south of Croydon and close to the A23. 

The property is located approximately 10 miles south of Central Croydon and has good connections to both Central London and the M25 (junction 6 & 7) via the A22/A23.

Description:  
The property comprises two adjacent interconnecting buildings of concrete frame construction.  The warehouse/industrial areas benefit from fluorescent strip lighting with a minimum eaves height of 4.8m, 3 roller shutter doors and a yard area to the rear of the property.

The offices are situated to the front elevation of the property and benefit from carpeting, suspended ceilings, gas fired central heating and air conditioning together with male and female wc facilities.

Accommodation
The property is available to let either as a whole or as two self contained units.  The floor areas  measured on a gross internal basis are follows:

Unit 63 Warehouse
Ground Floor                 376.77 sq m      (4056 sq ft)
Offices                          56.57 sq m       (  609 sq ft)
Mezzanine Floor           112.55 sq m       (1211 sq ft)
First Floor Office            71.55 sq m       (  770 sq ft)

                                    617.44 sq m      (6646 sq ft)

Unit 65 Warehouse
Ground Floor                 276.25 sq m      (2974 sq ft)
Office/Canteen                 59.73 sq m      (  643 sq ft)
Mezzanine Floor              65.36 sq m      (  704 sq ft)
First Floor office               62.86 sq m      (  677 sq ft)

                                     464.20 sq m     (4998 sq ft)

Total                          1081.64 sq m    (11644 sq ft)

 

Terms
The Long Leasehold Interest is for sale at a price in the region of £550,000, subject to contract.  The Lease is for a period of 125 years from July 1983 at a current ground rent of £8,544 per annum.

Alternatively:
The property is available to let either as a whole or as two self contained units on a new lease(s) for a term to be agreed. 

No 63:  Rent - £36,000 per annum
No 65Rent - £28,000 per annum

Legal costs:            

Each party to be responsible for their own legal costs incurred in the transaction.

Business Rates     
According to the Government website the property has a Rateable Value of £51,500 per annum and the current UBR for 2011/12 is 43.3p in the £.

Viewing:      

Strictly by appointment with Sole Agents Gildersleve & PayneContact Nick Payne MRICS
Tel: 01883 723888
Email info@gpcommercial.co.uk

Property Misdescriptions Act 1991      
Please note the agents have not carried out a survey, have not made planning enquiries, nor tested any of the equipment, apparatus, fixtures, fittings, services or land and are not therefore able to verify their condition, or suitability for their purpose.

Code of Practice                     
Applicants should be aware that the code of practice on commercial leases in England and Wales   strongly   recommends   you   seek    professional advice from a qualified Surveyor, Solicitor  or  Licenced Conveyencer before agreeing  or  signing  a Business Tenancy Agreement.    The  Code is available through professional institutions and trade associations or through the website

www.commercialleasecodeew.co.uk