Tait Rd 4,000 SF Industrial Condo Unit Offered at $1,297,699 CAD in Croydon CR0 2DP

The property comprises a mid-terraced light industrial unit of steel framed construction, set beneath a profile sheet pitched roof, with brick elevations, accessed by way an up and over roller shutter door. The unit benefits from a 5.1m minimum eaves height. There are ancillary offices and WC facilities at ground floor level and mezzanine storage above.

This freehold mid-terraced light industrial unit offers an attractive investment opportunity in the established Tait Road Industrial Estate in Croydon. The property comprises a two-storey, steel-framed warehouse with profile sheet pitched roof and brick elevations, incorporating both industrial and office space. Featuring a minimum eaves height of 5.1 meters, the unit provides exceptional functionality for storage, distribution, and light manufacturing uses.

The property offers vacant possession, enhancing flexibility for owner-occupiers or investors. The site benefits from an ERV of approximately £65,000 per annum, reflecting a gross initial yield of 9.35% at the asking price of £695,000. VAT is not applicable to this property, adding to its appeal. It includes seven dedicated car parking spaces and an up-and-over roller shutter (4.1m x 3.5m) for efficient loading access.

Situated just a 10-minute walk from Selhurst Station, the property ensures excellent connectivity, with direct rail links to central London in approximately 30 minutes. This prime South London location offers easy access to major roads connecting Croydon town center and wider regional markets.