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102 Beddington Ln 19,874 SF Flex Condo Unit Offered at $8,193,476 CAD in Croydon CR0 4YX
INVESTMENT HIGHLIGHTS
- Car parking
- Strategic last mile logistics location, with exceptional road connectivity and direct access to Central London via the A23.
- Roller shutter entrance
EXECUTIVE SUMMARY
The property comprises a building of masonry consruction with a steel trussed roof arranged over ground and first floor with mezzanine offering office/indutrial accommodation within. The property is located on Beddington Lane (B272) and forms part of the Anchor Business Park to the west of Croydon town centre.
PROPERTY FACTS
| Total Building Size | 30,074 SF | Typical Floor Size | 5,099 SF |
| Property Type | Flex (Condo) | Year Built | 1996 |
| Building Class | B | Lot Size | 1.50 AC |
| Floors | 2 | Parking Ratio | 1.08/1,000 SF |
| Total Building Size | 30,074 SF |
| Property Type | Flex (Condo) |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 5,099 SF |
| Year Built | 1996 |
| Lot Size | 1.50 AC |
| Parking Ratio | 1.08/1,000 SF |
AMENITIES
- Conferencing Facility
- Security System
- Energy Performance Rating - E
- Automatic Blinds
UTILITIES
- Lighting
- Water - City
- Sewer - City
1 UNIT AVAILABLE
Unit 1-4
| Unit Size | 19,874 SF | Sale Type | Investment |
| Price | $8,193,476 CAD | Tenure | Long Leasehold |
| Price Per SF | $412.27 CAD | Cap Rate | 5.91% |
| Condo Use | Flex | NOI | $484,234.45 CAD |
| Unit Size | 19,874 SF |
| Price | $8,193,476 CAD |
| Price Per SF | $412.27 CAD |
| Condo Use | Flex |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Cap Rate | 5.91% |
| NOI | $484,234.45 CAD |
DESCRIPTION
Four unit industrial estate arranged across one terrace totalling 19,874 sq ft
with units sizes ranging from 4,550 sq ft to 10,656 sq ft.
SALE NOTES
We are instructed to seek offers in excess of £4,400,000 (Four Million Four Hundred Thousand Pounds), subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 5.91% subject to purchaser’s costs of 6.56%. Low capital value of £221 per sq ft.
Long Leasehold (993 years unexpired).
Let to three tenants with a total marketing rent of £277,000 per annum,
reflecting a low average rent of £13.94 per sq ft.
Presented by
102 Beddington Ln
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