Kimpton Road, Sutton

£490,000

Guide price

The opportunity to purchase the Long lease on this modern warehouse located within a popular industrial location.

Property

Description:

The property comprises a two-storey modern light industrial/warehousing unit , having been completely refurbished, situated in a gated communal yard. Access is gained via a single roller shutter door and a separate personnel entrance.

Accommodation:

Area Size (SQ. M.) Size (SQ. FT)

Ground Floor 97.33 1,047.65

First Floor 98.42 1,059.38

TOTAL 195.75 2,107.03

Features & Services:

• Electric Roller Shutter

• 2 Separate Toilets

• Modern Kitchen

• Refurbished

• 6 Parking Spaces

• 3 Phase Electricity

• Gas

Lease Terms & Availability:

There is an existing 125 year lease commenced on 15th of August 1986.

A new lease is available by negotiation.

The property is immediately available following the completion of legal formalities.

Terms:

The long lease is available for £480,000

Costs:

VAT will be applicable on the purchase price, rent and service charge.

Rates Ratable Value totalling £31,250.

Ground Rent totals £3,812.52 per annum.

Service Charge is levied to cover the cost of the maintenance, buildings insurance and upkeep of communal areas and car parking

Legal Costs each party will be responsible for their own costs

Anti Money Laundering & EPC:

A successful purchaser will be required to provide the appropriate information to satisfy current Anti Money Laundering regulations when Heads of Terms are agreed. EPC available on request.

Viewings & Further Information:

A 360 degree virtual tour is available – https://www.madesnappy.co.uk/tour/1ge4gcde3

Further information and in person viewings strictly by prior appointment with sole agents Eastons Commercial.

Location

Location:

The property is located on Kimpton Road and forms part of the larger Kimpton Industrial Estate which is situated directly off the A217 in West Sutton. West Sutton is in the London Borough of Sutton and is approximately 10 miles south of Central London.

Croydon is 6 miles to the East and Kingston-Upon-Thames 5 miles to the North-West. The A217 provides direct access into Central London, also within a short drive of the M25 Junction 8. The estate benefits from good public access with Sutton Common train station only 0.7 miles away and numerous bus routes.

Money Laundering Regulations

Due to updated regulations any potential purchasers will be asked to provide two formal copies of identification prior to agreeing the sale. Your assistance will help to ensure the sale can progress in a timely manner.