Available
London CR7 – New Build Workshop
Rear of 20 Green Lane, Thornton Heath, London CR7 8BBFreehold Light Industrial Investment
Price
OIRO £450,000
Rent P.A.
Vacant
Yield
ERV: £29,000
Tenure
Freehold
Area
1,350 SQ FT
VAT Applicable
Yes
Sector
Investment Consideration
- Vacant possession
- ERV: £29,000 p.a. GIY: 6.44%
- Comprises single storey light industrial unit with mezzanine and 1 parking space at front
- New build unit. Expected completion May 2024
- Option to customise to fit your business needs, subject to specifications and cost
- Property would benefit from 3m x 4m electric roller shutters with pedestrian door access, chemical screed floor suitable for most uses and heavy machinery and newly installed power and lighting on 3 separate circuits
- Situated within 0.9 miles from Norbury Train Station with retail occupiers nearby including Co-Op Food, Premier, Café and more.
Key Features
Tenure
Freehold
VAT
VAT is Applicable
Property Description
Comprises single storey new-build light industrial unit with mezzanine and 1 parking space at front, providing the following accommodation and dimensions:
Ground Floor: 104 sq m (1,120 sq ft)
Open plan workshop, kitchenette, wc
Mezzanine: 21 sq m (230 sq ft)
Ancillary, storage
Total GIA: 125 sq m (1,350 sq ft)
Ground Floor: 104 sq m (1,120 sq ft)
Open plan workshop, kitchenette, wc
Mezzanine: 21 sq m (230 sq ft)
Ancillary, storage
Total GIA: 125 sq m (1,350 sq ft)
Tenancy Description
The property will be available from May 2024. ERV: £29,000 p.a.
Location Description
Thornton Heath is a district of South London, England, within the London Borough of Croydon. It is around 1.5 miles north of the town of Croydon, and 7.2 miles south of Charing Cross. The property is situated at rear of 20 Green Lane, with occupiers nearby including Co-Op Food, Premier, Café and more.