17 Montague Road, Croydon CR9 3DU

Sold
Commercial & Development
£950,000 (5.1% & £95psf)

Key Details

Status
Recent Transactions
Type
Commercial

Overview

  • Prominent industrial site (B2 & B8 use) for sale extending 0.23 acres split across two parts
  • Part A is let on a new FRI lease for 5-years, commencing 28/06/24 at a rent of £40,000pax 
  • Part A comprises an MOT centre (1,653sqft), with the benefit of an open yard used as car storage (3,724sqft)
  • Part B is let on a new FRI lease for 5-years, with a mutual break option to break at anytime (2-months notice), with a passing rent of £8,000pax 
  • Part B currently comprises split level office across ground (1,808sqft) & 1st (408sqft) floors, with this element having a positive pre-app for redevelopment (5 x 3-bed houses) STPP
  • We are inviting offers in the region of £950,000 (£95psf on the site area) for the freehold interest
  • Site is to be offered at Savills Commercial Auction on Tuesday 23rd July unless ‘Sold Prior

For full details please download the property brochure.

 

Floor Plans

Proposed Plans (5 x 3-bed houses)

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