3 Imperial Way
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3 Imperial Way
25,688 SF Industrial Building Croydon CR0 4RR $4,760,696 ($185/SF) 7.65% Cap Rate
Investment Highlights
- Long income last mile industrial opportunity
- Strategically located in Croydon, benefiting from exceptional road connectivity with direct access to Central London via the A23.
- The surrounding area is popular with retail warehouse, trade counter, data centre and last mile logistics occupiers including Amazon & DHL
Executive Summary
Offers are sought in excess of £3,750,000 (Three Million Seven Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT.
A purchase at this level reflects an attractive Net Initial Yield of 7.56% (assuming purchaser’s costs of 6.52%). Low capital value of £146 per sq ft.
A purchase at this level reflects an attractive Net Initial Yield of 7.56% (assuming purchaser’s costs of 6.52%). Low capital value of £146 per sq ft.
Property Facts
Price | $4,760,696 | Building Class | C |
Price Per SF | $185 | Lot Size | 1.07 AC |
Sale Type | Investment | Rentable Building Area | 25,688 SF |
Cap Rate | 7.65% | No. Stories | 2 |
Tenure | Freehold | Year Built | 1950 |
Property Type | Industrial | Tenancy | Single |
Property Subtype | Warehouse |
Price | $4,760,696 |
Price Per SF | $185 |
Sale Type | Investment |
Cap Rate | 7.65% |
Tenure | Freehold |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | C |
Lot Size | 1.07 AC |
Rentable Building Area | 25,688 SF |
No. Stories | 2 |
Year Built | 1950 |
Tenancy | Single |
Amenities
- Security System
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