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Vulcan Way - Meridian Centre 3,402 SF Industrial Condo Unit Offered at $698,525 CAD in Croydon CR9 0DB
Investment Highlights
- Opportunity to acquire self-contained commercial unit in the Vulcan Way trading estate in New Addington.
- The property benefits from air-conditioning, a roller shutter and 3 allocated parking spaces.
- The property is arranged as ground and first floor office accommodation with a mezzanine under the Northlight roof providing additional office space
Executive Summary
Opportunity to acquire self-contained commercial unit in the Vulcan Way trading estate in New Addington. The property is arranged as ground and first floor office accommodation with a mezzanine under the Northlight roof providing additional office space/storage. The property benefits from air-conditioning, a roller shutter and 3 allocated parking spaces. LOCATION Situated on Vulcan Way in New Addington approximately 5 miles South-East of Croydon and less than 10 minutes drive from Biggin Hill Airport. It is well positioned for access to the national motorway network (M25/M23). New Addington Tram Stop is approximately 15 minutes walk away
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Tenure | Long Leasehold |
| Sale Type | Investment or Owner User |
| Tenure | Long Leasehold |
TENURE : 999 year lease from 1987. Fixed ground rent of £33 per annum is payable to the freeholder.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 3 | 3,402 SF | Industrial | $698,525 CAD ($205.33 CAD/SF) | - |
Unit 3
| Unit Size |
| 3,402 SF |
| Condo Use |
| Industrial |
| Price |
| $698,525 CAD ($205.33 CAD/SF) |
| NOI |
| - |
Unit 3
| Unit Size | 3,402 SF |
| Condo Use | Industrial |
| Price | $698,525 CAD ($205.33 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Tenure | Long Leasehold |
| Description | |
| The available space comprises a mid terrace light industrial property, with large first floor mezzanine level. Vehicular access is available to the front elevation.</li></ul> | |
| Sale Notes | |
| PRICE : O.I.E.O £375,000.<br> TENURE : 999 year lease from 1987. Fixed ground rent of £33 per annum is payable to the freeholder.</li></ul> |
Property Facts
| Total Building Size | 36,948 SF | Floors | 3 |
| Property Type | Industrial (Condo) | Typical Floor Size | 28,262 SF |
| Property Subtype | Distribution | Year Built | 1960 |
| Building Class | B | Lot Size | 12.58 AC |
| Total Building Size | 36,948 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Distribution |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 28,262 SF |
| Year Built | 1960 |
| Lot Size | 12.58 AC |
Amenities
- Energy Performance Rating - D
- Automatic Blinds
- Storage Space
- Air Conditioning
Utilities
- Heating
Presented by
Vulcan Way - Meridian Centre
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