Business park for sale in Aylesham, Canterbury, Kent CT3

£695,000 (£50.21/sq. ft)
Business park for sale 13,842 sq. ft*
Interested in this property? Call +44 1892 333916 * or Request Details

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Property description

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.

Contact
Neil Mason or David Marriott

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Core Commercial, TN12 on +44 1892 333916 * (local rate)

Contact Core Commercial about this property

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Disclaimer

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.

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