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Tait Rd 6,654 sq ft Industrial Unit Offered at £1,500,000 in Croydon CR0 2DP
Property Facts
| Total Property Size | 17,631 sq ft | Floors | 1 |
| Property Type | Industrial (Unit) | Typical Floor Size | 17,631 sq ft |
| Property Subtype | Warehouse | Year Built | 1997 |
| Costar Property Class | B | Total Plot Size | 1.00 ac |
| Total Property Size | 17,631 sq ft |
| Property Type | Industrial (Unit) |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Floors | 1 |
| Typical Floor Size | 17,631 sq ft |
| Year Built | 1997 |
| Total Plot Size | 1.00 ac |
Amenities
- Security System
- Roller Shutters
1 Unit Available
Unit 7-9
| Unit Size | 6,654 sq ft | Sale Type | Investment |
| Price | £1,500,000 | Tenure | Freehold |
| Price Per sq ft | £225.43 | Net Initial Yield | 7.54% |
| Unit Use | Industrial | NOI | £113,100 |
| Unit Size | 6,654 sq ft |
| Price | £1,500,000 |
| Price Per sq ft | £225.43 |
| Unit Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 7.54% |
| NOI | £113,100 |
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%.
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Tait Rd
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