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3 Imperial Way

25,688 SF Industrial Building Croydon CR0 4RR $6,735,271 CAD ($262 CAD/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.

Property Facts

Price $6,735,271 CAD
Price Per SF $262 CAD
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
  • Listing ID: 34210863

  • Date on Market: 2024-12-16

  • Last Updated:

  • Address: 3 Imperial Way, Croydon CR0 4RR

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