Investment for sale Croydon CR0 2DT,6654sq ft

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Investment

Investment For Sale Croydon

PROPERTY ID: 143822

PROPERTY TYPE

Investment

STATUS

Available

SIZE

6,654 sq.ft

Key Features

Three adjacent industrial units on an established industrial estate

Eaves height of 5.2m, demised yard and parking

Total of 6,654 sq ft of lettable floor space

Let on one lease to a single occupier

Reversionary income £120,000 per annum (£18.06 psf)

Established tenant founded in 2015

Offers invited in excess of £1,500,000

Low entry price at this level of only £226 psf GIA

Property Details

Tait Road Industrial Estate is located on Tait Road on the northern edge of Croydon town centre. It is accessed via Gloucester Road which in turn connects to Lower Addiscombe Road (A222). The property is nine miles South of Central London. Selhurst Railway Station is approximately 0.5 miles North of the property, providing train links to East Croydon, London Victoria and Milton Keynes Central. East Croydon Railway Station is approximately 0.6 miles south of the property providing direct links to London and the South East.

The Property Comprises Three Industrial/warehouse Units Of Portal Steel Frame Construction Under Pitched Metal Profile Roofs And Brick-faced Elevations. 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.

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About the Agent

Stiles Harold Williams Partnership LLP

See Agent's Other Properties

Investment Unit

£1,500,000 Freehold

Units 7 - 9,Tait Road, Croydon, CR0 2DT

Investment - Available
6,654 sq ft
618 sqm

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