94 Parsons Mead, Croydon CR0 3SL

Sold
Commercial & Development
£1,160,000 (7.3%)

Key Details

Status
Recent Transactions
Type
Commercial

Overview

  • Prominent industrial unit (B2 & B8 use) available for sale with accommodation extending 7,319sqft
  • Site measures 0.25-acres with sizeable front yard, off-street parking and excellent street frontage
  • Property subject to new lease with ‘W.Shirley and Sons Ltd’ (in occupation for over 45-years), paying £85,000pax on a 10-year term (2034 expiry) with a mutual break included in 2029
  • Opportunity will appeal to a range of investors along with owner occupiers; who may earmark the site for future occupation
  • We are inviting offers in the region of £975,000 (£133psf) for the freehold interest (8.7% gross yield)
  • The property is to be offered at the Acuitus Auction on Wednesday 27th March, unless ‘Sold Prior’

For full details please download the property brochure.

Download Brochure

 

Floor Plans

Proposed Housing Scheme - Parsons Mead

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