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Alhambra House 9 St Michaels Rd

5,250 SF Vacant Office Building Croydon CR0 2RA $1,194,530 ($228/SF)

INVESTMENT HIGHLIGHTS

  • Good road links
  • Good transport links
  • Close proximity to local amenities

EXECUTIVE SUMMARY

Opportunity to occupy commercial space within a large 4-storey building in a highly visible position at the junction with Wellesley Road. Part of the ground floor is available to let for Class E use and is ideally suited for an opticians or pharmacy. The 1st and 2nd floors comprise refurbished modern office space which are available to let on occupational leases or can be sold off on new 125 year leases to prospective occupiers. The 3rd floor is set to be converted for residential use. The property benefits from a passenger lift, kitchen & WC facilities on each floor and car parking. The property is currently undergoing refurbishment, including new external glazing throughout the building.
New 125 Year leases for the 1st & 2nd Floor Offices can be sold at £950,000 per floor. Ground rent payable to be confirmed.

ATTACHMENTS

Alhambra House

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Tenure
Long Leasehold
Building Size
5,250 SF
Building Class
B
Year Built
1969
Price
$1,194,530
Price Per SF
$228
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,313 SF
Building FAR
1.21
Lot Size
0.10 AC
Parking
3 Spaces (0.57 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Security System
  • Storage Space
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ground
  • 1,000 SF
  • Office
  • Partial Build-Out
  • Now

Part of the ground floor is available to let for Class E use and is ideally suited for an opticians or pharmacy. The property is currently undergoing refurbishment, including new external glazing throughout the building. Ground Floor: £35,000 per annum exclusive. New 10 or 20 year effective full repairing and insuring leases, terms to be agreed.

  • 1st Floor
  • 2,112 SF
  • Office
  • Partial Build-Out
  • Now

The 1st floor comprises a refurbished modern office space which are available to let on occupational leases or can be sold off on new 125 year. The property benefits from a passenger lift, kitchen & WC facilities on each floor and car parking. 1st Floor Offices: £55,000 per annum exclusive. New 10 or 20 year effective full repairing and insuring leases, terms to be agreed.

  • 2nd Floor
  • 2,138 SF
  • Office
  • Partial Build-Out
  • Now

The 2nd floor comprises a refurbished modern office space which are available to let on occupational leases or can be sold off on new 125 year. The property benefits from a passenger lift, kitchen & WC facilities on each floor and car parking. 1st Floor Offices: £55,000 per annum exclusive. New 10 or 20 year effective full repairing and insuring leases, terms to be agreed.

Space Size Space Use Condition Available
Ground 1,000 SF Office Partial Build-Out Now
1st Floor 2,112 SF Office Partial Build-Out Now
2nd Floor 2,138 SF Office Partial Build-Out Now

Ground

Size
1,000 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Floor

Size
2,112 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Floor

Size
2,138 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

Ground

Size 1,000 SF
Space Use Office
Condition Partial Build-Out
Available Now

Part of the ground floor is available to let for Class E use and is ideally suited for an opticians or pharmacy. The property is currently undergoing refurbishment, including new external glazing throughout the building. Ground Floor: £35,000 per annum exclusive. New 10 or 20 year effective full repairing and insuring leases, terms to be agreed.

1st Floor

Size 2,112 SF
Space Use Office
Condition Partial Build-Out
Available Now

The 1st floor comprises a refurbished modern office space which are available to let on occupational leases or can be sold off on new 125 year. The property benefits from a passenger lift, kitchen & WC facilities on each floor and car parking. 1st Floor Offices: £55,000 per annum exclusive. New 10 or 20 year effective full repairing and insuring leases, terms to be agreed.

2nd Floor

Size 2,138 SF
Space Use Office
Condition Partial Build-Out
Available Now

The 2nd floor comprises a refurbished modern office space which are available to let on occupational leases or can be sold off on new 125 year. The property benefits from a passenger lift, kitchen & WC facilities on each floor and car parking. 1st Floor Offices: £55,000 per annum exclusive. New 10 or 20 year effective full repairing and insuring leases, terms to be agreed.

  • Listing ID: 29798700

  • Date on Market: 10/16/2023

  • Last Updated:

  • Address: 9 St Michaels Rd, Croydon CR0 2RA

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