European Property Investments

 

 

FREEHOLD OFFICE INVESTMENT
THORNTON HEATH
 
Thornton Heath for sale 
  • Ongoing asset management opportunities
  • Possible residential redevelopment
  • Gross income £153,308 see tenancy schedule download

LOCATION

Thornton Heath is a densely populated suburb located about 8 miles south of Croydon. The area is well served  by the A23 and A212 whilst Thornton Heath British Rail Station provides regular train services to Central London and Croydon. 

The property is located on the west side of London Road (A23), just north of its junction with Colliers Water Lane. Nearby occupiers include McDonalds, Lidl and Tesco Express

DESCRIPTION

A detached office building of modern construction totalling about 2,035.35 m2 (21,909 ft2) arranged over ground and five upper floors. The floors are structurally open plan and are each served by a passenger lift and central communal staircase. Externally there is car parking for 28 cars. The floor plate is shown on the vacant page 4,040 sq ft to let.

OTHER
 INFORMATION

There has been a letting in May 2011 @£9.50 per square foot that gives an ERV in the region of £230,000 per annum.

VAT

VAT is payable on this purchase.

PLANNING AUTHORITY

London Borough of Croydon 020 8726 6800

OFFERS

Offers invited in excess of £1,000,000 subject to contract.

DOWNLOADS

Tenancy Schedule



Map