Summary - Unit 5 Ikon, 2 Purley Way, Croydon, Surrey, CR0 3JP CR0 3JP
1 bed 1 bath Office
Massive modern Class E freehold unit with strong road access and development potential.
Extensive 16,285 sq ft freehold unit over ground to second floors
Finished to Cat A: raised floors, suspended ceilings, LED lighting
VRF air-conditioning, WCs, kitchenette, passenger lift included
On-site parking and loading doors with good road access
Vacant possession; suitable for diverse Class E uses
Prior residential change-of-use application withdrawn in 2021
Local area: high crime, deprived catchment — impacts perception
Very slow broadband speeds; tenant fit-out likely required
A rare, freehold, new-build Class E unit offering 16,285 sq ft across ground to second floors, delivered to a Cat A specification. The building includes raised access floors, suspended ceilings with LED lighting, VRF air conditioning, WCs, kitchenette and lift access — a blank canvas for office, R&D, showroom, medical or light industrial use.
The site fronts Purley Way (A23) at Lombard Roundabout with on-site parking, loading doors and straightforward HGV access. Public transport links are reasonable: West Croydon station and Tramlink are within easy reach, and the M23/M25 corridors plus Gatwick are accessible by road. The unit is sold with vacant possession and a clear freehold title.
Investors will note the previous prior approval attempt for conversion to 23 residential units (withdrawn in 2021), indicating potential alternative use subject to planning. The Cat A finish means immediate occupation is possible for many commercial uses, but tenant fit-out or tenant-specific build-to-suit works will be required for full operational fit-out.
Be candid about local area realities: the immediate catchment is classified as deprived with high local crime and very slow broadband speeds. These factors may affect certain occupiers and will be relevant for residential conversion prospects. There is no flooding risk recorded.
Overall, the property suits an investor or operator seeking a large, modern, freehold commercial asset with clear development flexibility — provided the buyer accepts local socio-economic constraints and potential fit-out or planning costs.
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