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22,277 sq ftIndustrial unit for sale
Croydon House, 1 Peall Road, Croydon, CR0 3EX
Industrial unit
22,277 sq ft / 2,070 sq m
Features and description
- Tenure: Freehold
- The property comprises a mix of commercial light industrial and uses, extending 22,277sqft (GIA)
- Total site area of c.0.46 acres.
- Located within an industrial hub adjacent to Big Yellow Self Storage, West Retail Park (Wren Kitchens) and Thornton Road Trading Estate
- Diverse range of income with 32 units let to 12 tenants, with only 2 units vacant
- Total current passing rent of £224,196 per annum
- Offers are invited for a new 999 year Virtual Freehold at a Peppercorn Rent
Description
Mixed-use three storey building of brick construction with a pitched-roof warehouse to the rear.
The commercial spaces include light industrial, workshops, and studio accommodations, subdivided into 32 units with the following features:
7.92m eaves height in the warehouse
Secure service yard
Roller shutter doors
Male and female WCs
The first and second floors have been converted into 40 studio flats, each let on Assured Shorthold Tenancy Agreements (ASTs). The residential element will be retained by the vendor.
Location
Croydon is Greater London’s largest single market, situated 9.5 miles south of Central London, with inward investment of over £5.25bn on local regeneration projects, including The Growth Zone Program, a £520m initiative supporting local infrastructure upgrades, including the 1.4bn redevelopment of the Whitgift Shopping Centre and the improvements to West Croydon Station and local tram services.
Strategically located adjacent to the A23 Thornton Road/Purley Way, a major commercial area in South London. The property is surrounded by various uses, including food stores, retail parks, car dealerships and trade counters. Located opposite Thornton Road Trading Centre and West Retail Park, which feature national occupiers like Topps Tiles, Magnet, Howdens and Big Yellow Storage.
Mixed-use three storey building of brick construction with a pitched-roof warehouse to the rear.
The commercial spaces include light industrial, workshops, and studio accommodations, subdivided into 32 units with the following features:
7.92m eaves height in the warehouse
Secure service yard
Roller shutter doors
Male and female WCs
The first and second floors have been converted into 40 studio flats, each let on Assured Shorthold Tenancy Agreements (ASTs). The residential element will be retained by the vendor.
Location
Croydon is Greater London’s largest single market, situated 9.5 miles south of Central London, with inward investment of over £5.25bn on local regeneration projects, including The Growth Zone Program, a £520m initiative supporting local infrastructure upgrades, including the 1.4bn redevelopment of the Whitgift Shopping Centre and the improvements to West Croydon Station and local tram services.
Strategically located adjacent to the A23 Thornton Road/Purley Way, a major commercial area in South London. The property is surrounded by various uses, including food stores, retail parks, car dealerships and trade counters. Located opposite Thornton Road Trading Centre and West Retail Park, which feature national occupiers like Topps Tiles, Magnet, Howdens and Big Yellow Storage.
Property information from this agent
About this agent

Robert Irving Burns - Commercial
Robert Irving Burns, Ground Floor,
19 Margaret Street, London,
W1W 8RR
020 8033 7560Commercial Property Agents in London Whether you want to lease your commercial property, or find the right premises to rent, we can help. RIB’s industry insight and expertise guarantee a smooth, seamless process; from marketing and letting, to acquiring the ideal property. Our commercial letting services include both property disposal and property acquisition. We also have a wide selection of London offices, which are available to rent. We work with investors, developers, tenants and property owners alike, assisting with everything from finding great premises, to marketing and letting the property to the ideal business. Commercial property disposal in London can be complex, and finding a suitable tenant is always a top priority. We help with every aspect of this process, including marketing, negotiations, and liaising with solicitors and professional advisors. Our commercial property acquisition service helps tenants find the perfect place to run their business. From negotiating contracts to carrying out an audit of available properties, our team are here to offer support and guidance. And, if you’re searching for offices to rent in London, in areas such as Fitzrovia, Mayfair, Marylebone and Soho, we’ve got some excellent premises for you to choose from. Read on to find out how we can help you.