Mitcham Road, 128-130 Mitcham Road, Croydon

LOCATION

 

The premises are situated on the busy A236 Mitcham Road approximately 1 mile north west of Croydon town centre in a predominantly residential area but with some moder perhaps Council housing nearby together with a small local shopping parade.

 

DESCRIPTION

 

Probably originally constructed as a pair of semi-detached houses or shops built around the turn of the last century, and now converted to office accommodation at ground and first floor levels. There is ground floor storage areas in an attached building at the rear.

 

The property is currently arranged as a range of reception and private office rooms, meeting rooms, stores, kitchen and ancillary over the two floors as shown in the existing use floorplan to suit the current owner occupiers business needs. The trading business has now been sold and is being relocated so our Landlord client is now looking to relet or sell the building.

 

Ground and first floor offices with ground floor storage building to the rear. Approximately 5 car parking spaces on forecourt and at the side of the building.

THE OPPORTUNITY

 

Our Client is open to reletting the premises or sale of the freehold interest with full vacant possession either for continuing commercial use or for redevelopment to a residential scheme. In looking at strategy our client has appointed a planning consultant to advise on what residential schemes may be acceptable to the LA and most deliverable both for conversion and remodelling of the current building and also demolition and new build. Options for a scheme of new built houses has been considered . Our client would rather sell than develop the site himself.

 

ACCOMODATION

Approximate measurements are as follows:

 

Floor                             Sq Ft       Sq M

Ground Floor Offices       879         81.67

Kitchen                          54           5.02

Internal Storage             264         24.53

First Floor Offices            894         83.06

Shower Room                 57           5.30

External Storage             567         52.68

Total Offices                   1,884      175.03

Internal Storage             264         24.53

External Storage             567         52.68

 

PLANNING

   

The premises has operated for many years first as an office under the current ‘E’ use class and no planning applications have yet been submitted for alternative uses.

 

RENT & LEASE TERMS

 

A NEW LEASE can be offered for a term and rent review pattern to be agreed, with our client having a ten year term in mind at a commencing rent of £29,500 per annum exclusive, subject to contract.

 

FREEHOLD SALE

 

The preference is for Leasehold but a  Freehold sale could be of interest for the right terms that may suit our client, subject to contract and full vacant possession at Offers in the region of £500,000.

 

VAT

 

We are advised the premises are not elected for VAT.TO BE CONFIRMED

 

LEGAL COSTS

 

Each party are to bear their own legal costs in the transaction for either a letting or sale.

 

BUSINESS RATES

 

From internet enquiries only the business rate assessment is as follows:

Rateable Value                           £21,750

Uniform Business Rate                £0.49.9 (1 April 2026)

 

Interested parties should verify this information and any transitional adjustments prior to entering into any contract

 

EPC

 

A new EPC is being commissioned.

 

VIEWING

 

Strictly by appointment with the Landlord’s Agents: Robinsons, telephone 01737 229200

 

• • Versatile for many uses under existing ‘E’ Use Class
• • Fronts the busy A236 Mitcham Rd for business branding
• • Options exist for residential redevelopment STPP
• • Off street parking for around 5 cars
• • OPPORTUNITY TO PURCHASE A TWO STOREY DETACHED OFFICE BUILDING WITH OFF STREET PARKING AND REAR STORE – Ideal for owner occupier