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                                        FREEHOLD OFFICE
                                        INVESTMENT
                                     
                                    
                                        THORNTON HEATH
                                     
                                    
                                         
                                     
                                    
                                    
                                        
                                            - 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 
                                    
 
   
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