Unit 1 Brazil Close, Beddington Farm Road, Croydon_Property for Sale
Unit 1 Brazil Close, Beddington Farm Road, Croydon_Property for Sale
Brazil Close, Beddington, Croydon, CR0 4XQ, UK

Unit 1 Brazil Close, Beddington Farm Road, Croydon

Asset Description

A unique opportunity to acquire a high quality, last-mile warehouse facility, extending to 40,901 sq ft, in a prime urban London location.

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Attributes

Asking price
NZ$24,707,000
Building area gross
3,800 m²
Remaining lease term
8.64 years
Occupancy
100%

Media

Investment Highlights

  • A unique opportunity to acquire a high quality, last-mile warehouse facility, extending to 40,901 sq ft, in a prime urban London location
  • Located in the prominent location of Croydon, one of South London's main commercial districts/arterial hubs, popular for a range of uses including last-mile delivery, open storage and retail warehousing
  • Let to DPDGroup UK Limited until 20th December 2032, providing an unexpired term of 8.64 years
  • DPDGroup UK Limited benefits from a CreditSafe Score of 100, reflecting a very low risk of business failure
  • The current passing rent is £728,000 per annum, reflecting a rent of £17.82 per sq ft, with prime rents in the area at £22.50 per sq ft, demonstrating the asset's reversionary potential in excess of 20% 
  • The site extends to 2.44 acres (0.99 hectares) providing a low site density of 38% 
  • Freehold
  • The unit is a key location for DPD and serves as a last mile hub for key delivery areas including Croydon, Brixton and Greenwich 


Unit 1 Brazil Close, Beddington Farm Road, Croydon 4_Property for Sale
Unit 1 Brazil Close, Beddington Farm Road, Croydon 4_Property for Sale

Contact brokers

Unit 1 Brazil Close, Beddington Farm Road, Croydon (0 Properties)

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Last updated
16 May 2024