LOCATION: – The property is situated on the second floor of an industrial building on Commerce Way, just off of the A23 Purley Way. Purley Way is a bus route connecting Thornton Heath to Purley. Waddon Marsh tram stop (providing links to Wimbledon and East Croydon Station) is a short walk from the property. Purley Way offers a range amenities such as a large Sainsbury’s, Aldi, Adidas Outlet and Marks & Spencers.
DESCRIPTION: – The property comprises a second floor, largely open plan office space. The property is accessed via a communal front door shared with Fleetline Coachworks who occupy the ground floor space. There is a kitchenette and shared WC facilities. There is a partitioned director’s office.
ACCOMMODATION: –
Total floor area 80m² (861ft²) approx.
TENURE: – The property is to be offered by way of a new lease, the length of which is to be negotiated.
USE/PLANNING: – We understand the property currently falls within Class E (Retail / Office) of the current Town and Country Planning (Use Classes) Order.
Interested parties should make enquiries of the Local Authority in respect of their intended use prior to offer
RENT: – An initial rent of £10,000 (ten thousand pounds) per annum exclusive is sought.
BUSINESS RATES: – The property has a rateable value of £12,250. Interested parties should make enquiries of the Local Authority regarding the rates payable.
www.tax.service.gov.uk/business-rates-find/search
EPC RATING: –The building has an EPC rating of 48 within Band B.
VAT: – We understand that the premises is elected to VAT therefore VAT will be chargeable on all outgoings.
BUILDING CONTRIBUTIONS: –
Electricity – the office supply is metered. Usage charged monthly using meter readings.
Gas – calculated as a percentage of occupied space. Currently 4.3% of total monthly bill for the building.
Broadband – existing dedicated fibre line into the building. £91.67 per month contribution.
Other charges include water, waste collections, and cleaning.
Insurance – buildings and terrorism insurance is arranged by the superior landlord. There would be a contribution of 5%.
Tenants are required to have a minimum of £10m public liability insurance cover arranged prior to occupation.
VIEWINGS: – Viewings by prior arrangement – please telephone 0208 681 2000.
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Location
Commerce Way, Croydon CR0 4XA, UK