14,999 sq ft
For Sale
Development (Land & Buildings) / Offices / Warehouse & Industrial
| Property Type | Development (Land & Buildings) / Offices / Warehouse & Industrial |
| Tenure | For Sale |
| Size | 14,999 sq ft |
| Price | Offers in the region of £1,500,000.00 |
| Business Rates | £3.55 per sq ft |
| Service Charge | n/a |
| Energy Performance Rating | This property has been graded as D (84) |
The property is arranged over two inter-connected wings (east and west). The west wing provides purpose built, open plan offices arranged over ground and two upper floors.
Whilst the east wing would have previously been used entirely for light production and storage/lab space, it has been converted to now provide open plan offices on the 1st floor and meeting rooms, storage and break out space on the ground floor.
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Ground - West Wing | 1,861 | 172.89 | Available |
| 1st - West Wing | 1,974 | 183.39 | Available |
| 2nd - West Wing | 1,974 | 183.39 | Available |
| Ground - East Wing | 4,152 | 385.73 | Available |
| 1st - East Wing | 5,038 | 468.05 | Available |
| Total | 14,999 | 1,393.45 |
The property is located on the Ullswater Industrial Estate in Coulsdon, South London. Coulsdon is situated on the A23 (Brighton Road) that connects Croydon with Junction 8 of the M25.
The property is located a short walk from Coulsdon Town and South Train Stations that provide connections to both the south coast and central London.
Offers sought in excess of £1.5 million for the vacant freehold of the property. This level represents a very low capital value of only £100 per sq ft.
The property is VAT elected so VAT is payable in addition to the sale price.
A purchaser will be required to provide appropriate ID information before solicitors are instructed to comply with Money Laundering Regulations.
An application has previously been submitted by the current owners to seek Permitted Development Rights to convert the accommodation in the East Wing to residential that has been declined by the local planning authority. The application was for a change of use for the ground and first floor (East Wing) accommodation (Use Class E) to provide 7 self contained residential units (Use Class C3).
Further information can be found on the Croydon Council website reference 22/01166/GPDO
For further information please email Tom Boon: thomas.boon@hurstwarne.co.uk who can send all relevant information related to the sale.
