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Tait Rd 6,654 SF Industrial Condo Unit Offered at $2,035,278 in Croydon CR0 2DP
1 Unit Available
Unit 7-9
| Unit Size | 6,654 SF | Sale Type | Investment |
| Price | $2,035,278 | Tenure | Freehold |
| Price Per SF | $305.87 | Cap Rate | 7.54% |
| Condo Use | Industrial | NOI | $153,459.98 |
| Unit Size | 6,654 SF |
| Price | $2,035,278 |
| Price Per SF | $305.87 |
| Condo Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 7.54% |
| NOI | $153,459.98 |
Description
All three units are let on a single lease to a single tenant at a passing rent of £120,000 per annum exclusive. Each unit is accessed via a roller shutter loading doors and pedestrian doors to the front, and fire exits to the rear.
Sale Notes
Offers in excess of £1,500,000, subject to contract/exclusive of VAT, are
invited. A purchase at this level will show a net initial yield, after normal
purchasers' costs, of 7.54%.
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 17,631 SF | Floors | 1 |
| Property Type | Industrial (Condo) | Typical Floor Size | 17,631 SF |
| Property Subtype | Warehouse | Year Built | 1997 |
| Building Class | B | Lot Size | 1.00 AC |
| Total Building Size | 17,631 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 17,631 SF |
| Year Built | 1997 |
| Lot Size | 1.00 AC |
Amenities
- Security System
- Automatic Blinds
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