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1-5 Cooting Road, aylesham, Kent CT3 3EP
Location Situated on the established Aylesham estate 8 miles from Canterbury with easy access to the dualled A2 London to Canterbury and Dover road.
Description A multi-let industrial investment in three sections on a site of 0.55 acre (24,000 sqft). The buildings are all of portal frame construction, asbestos cement roofs and brick or profiled steel cladding. Roller shutter doors. 3 phase power. 24 hour usage.
Tenancies Unit Tenant Sq ft Current Rent 1 Fudge Kitchen 3,500 £13,776 2 French Chateau 2,125 £6,000 3 Globe Photo 2,125 £7,800 4 A Signs 2,145 £7,392 5 Audi Tech 3,947 £10,500 13,842 £45,468 pa Fixed increases to £48,768 and an estimated market rental value* of £75,000 (£5.50 psf).
Terms Fully let investment for sale freehold at offers over £695,000 plus vat, subject to contract reflecting a gross initial yield of 6.5% rising to an estimated 10.8%, £50.20 per sqft overall.
For more information about this property, please contact Core Commercial, TN12 on +44 1892 333916 * (local rate)
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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Core Commercial, and do not constitute property particulars. Please contact Core Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.