2 Vulcan Way, New Addington, Croydon CR0 9UG

£1,500,000

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Overview

** Calling occupiers / Investors & developers ** Substantial, modern light industrial unit in one of South London's most established and well-connected commercial locations.

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Description
FOR SALE - BAKERY - OFFICES - STORAGE - YARD SPACE - INDEPENDANT CAFE - POTENTIAL DEVELOPMENT
An exceptional opportunity to acquire the freehold of a substantial, modern light industrial unit in one of South London's most established and well-connected commercial locations.

The property extends to approximately 12,312 sq ft GIA (c. 1,143.8 sq m) on a self-contained site of circa 0.60 acres, offering a rare combination of scale, specification and flexibility rarely found at this price point within Greater London.

The unit is steel-frame construction with plastic-coated corrugated steel cladding, aluminium roller-shutter and personnel doors, and uPVC double-glazed windows throughout.
Location
Situated on Vulcan Way in New Addington, Unit 2 sits at the heart of one of the borough's most active and long-established industrial locations. New Addington is a well-connected commercial suburb positioned approximately 5 miles south-east of Croydon town centre, and within the London Borough of Croydon.

The estate is conveniently situated away from residential congestion whilst remaining within minutes of the full range of local amenities offered by New Addington town centre, which is less than one mile away and includes shops, cafés, restaurants, banks and supermarkets

M25 (Junction 6) — via the A22, providing fast connections to the M23, M26 and wider national road network
A212 and A233 — principal arterial routes linking the estate directly to Croydon, Bromley and beyond
Biggin Hill Airport — less than 10 minutes' drive, offering charter and business aviation facilities
Croydon town centre — approximately 5–6 miles, reachable in 12 minutes by car
Accommodation
Industrial/warehouse floorspace 688.31 sqm (7,409 sq ft)
Office/cafeteria/staff quarters 263.41 sqm (2,835 sq ft)
Outbuilding/store 167.64 sqm (1,805 sq ft)
Reduced height eaves store 24.44 sqm (263 sq ft)
Total floor area 1143.8 sqm (12,312 sq ft)
Income Potential
We estimate the annual rent to be circa £175,000 representing a yield of over 11.5% based on the current guide price
Terms
The property is priced for quick sale and is offered freehold with vacant possession
Offers in excess of £1,500,000 are invited
VAT
We understand the property is not elected for VAT
Services
Mains services connected to the property are gas, electricity, water and drainage. Heating and hot water for the front section and cafeteria are provided via a wall-mounted
combination boiler. These have not been checked by CSJ

Featured Points

Priced for quick sale - Freehold — a rare opportunity to acquire the long-term asset; no ground rent, no lease expiry, no landlord consent required for alterations.
Vacant possession on completion — immediate operational use or redevelopment upon acquisition
Substantial scale — 12,300 sq ft on 0.60 acres provides genuine operational flexibility for industrial, logistics, storage, trade counter or mixed-use occupiers
Secure and self-contained — rear vehicular access, dedicated parking and perimeter security
Excellent road connectivity — direct access to M25/M23 motorway network
Strong local market — Vulcan Way industrial estate is one of the most actively traded commercial locations in the London Borough of Croydon
Use Class E — broad permitted uses including light industrial, workspace, retail, café, gym, health, office and more
EPC Rating B — a strong energy performance rating providing compliance confidence
Not elected for VAT — no VAT chargeable on the purchase price