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Croydon House 1 Peall Rd

22,277 SF Office Building Croydon CR0 3EX £4,000,000 (£180/SF)

Investment Highlights

  • The property comprises a mixed-use three-storey building of brick construction plus a warehouse to the rear with a pitched roof
  • 7.92m eaves height in the warehouse
  • Roller shutter doors
  • The building is spread on a 0.46 acre site
  • Secure service yard

Executive Summary

The property comprises a mixed-use three-storey building of brick construction plus a warehouse to the rear with a pitched roof, sitting on 0.46 acres (0.186 hectares). The interest for sale comprises the ground floor of the brick building fronting Peall Road plus the rear warehouse, including a mezzanine.
The commercial element comprises light industrial, workshop and studio accommodation which has been sub-divided into 32 units.
The first and second floors have been converted to 40 studio flats which are individually let on Assured Shorthold Tenancy Agreements. These elements will be retained by the vendor within the Freehold interest plus the mobile communications antenna equipment on the roof.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Tenure
Long Leasehold
Building Size
22,277 SF
Building Class
B
Year Built
1930
Price
£4,000,000
Price Per SF
£180
Tenancy
Single
Number of Floors
3
Typical Floor Size
7,426 SF
Building FAR
0.30
Land Acres
1.70 AC

Amenities

  • Air Conditioning
  • Listing ID: 33507461

  • Date on Market: 14/10/2024

  • Last Updated:

  • Address: 1 Peall Rd, Croydon CR0 3EX

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