Enterprise Close, Factory Lane, Croydon, CR0 3RZ

Location

Enterprise Close is a self-contained industrial estate consisting of 11 small units of brickwork construction under metal sheet roofs. Each unit benefits from WCs, 3- phase power, a roller shutter door, loading area and parking. The total site area is approximately 0.87 acres.

The units are let on a variety of expired short-term leases and licences with tenants 'holding over', providing ample opportunity for rental uplift.

The estate is situated in a burgeoning industrial area of Croydon adjacent to two new industrial schemes by Chancerygate and Bridge Industrial. Factory lane sits just off the A23 Purley Way, the main arterial road connecting Croydon to Central London (10 miles) and the M25 (9 miles).

Waddon Marsh tram stop is a 5-minute walk away and provides links to East Croydon, Beckenham and Wimbledon. East Croydon railway station is a 10-minute drive away and provides quick services into Central London via London Victoria and London Bridge.

Summary

Key points

• Offers are invited in excess of £1,000,000
• 11 individually let industrial units, on a site of 0.87 acres
• Opportunity for strong rental uplift
• Passing rent of £110,720 per annum
• Each unit has 3 phase power, a roller shutter door, dedicated parking, and loading areas

Contact

SHW
Tel: 020 8662 2732
Matt Morris
mmorris@shw.co.uk

EPC