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Park Farm Close - Edmonton House 3,274 SF Industrial Condo Unit Offered at $470,563 in Folkestone CT19 5DU
Investment Highlights
- The warehouse has a mezzanine which is used for storage and an office. The office has no carpet but benefits from a suspended ceiling with LED
- Great transport links
- Excellent communications to Europe provided by the Eurotunnel terminal at Cheriton less than three miles away and from the Port of Dover approximately
Executive Summary
The premises are situated on the Park Farm Industrial Estate on the outskirts of Folkestone with easy access onto Junction 13 of the M20 motorway and within close proximity to the Channel Tunnel terminal. Folkestone town centre is approximately one mile to the south with Dover and Ashford approx. 8 miles and 13 miles away respectively. Park Farm is the principal location for retail warehouses such as Sainsburys, Halfords, Wickes and B&M. Folkestone is located on the south east coast of Kent and has a population of around 50,000. Excellent communications to Europe provided by the Eurotunnel terminal at Cheriton less than three miles away and from the Port of Dover approximately 8 miles away. London can be accessed via the M20 or London St Pancras in under 1 hour via High Speed 1.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Sale Type | Investment |
| Tenure | Freehold |
There is parking with the property from 3/4 spaces.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Unit A | 3,274 SF | Industrial | $470,563 ($143.73/SF) | - |
Unit Unit A
| Unit Size |
| 3,274 SF |
| Condo Use |
| Industrial |
| Price |
| $470,563 ($143.73/SF) |
| NOI |
| - |
Unit Unit A
| Unit Size | 3,274 SF |
| Condo Use | Industrial |
| Price | $470,563 ($143.73/SF) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold |
| Description | |
| The premises are situated on the Park Farm Industrial Estate on the outskirts of Folkestone with easy access onto Junction 13 of the M20 motorway and within close proximity to the Channel Tunnel terminal. Folkestone town centre is approximately one mile to the south with Dover and Ashford approx. 8 miles and 13 miles away respectively.</li></ul> | |
| Sale Notes | |
| The property is occupied under a lease from 29th November 2019 for a term of 7 years at a current rent of £20,000 per annum excl VAT. The lease is due to expire in November 2026 with the market rent in the region of £22,000 per annum.<br> <br> There is parking with the property from 3/4 spaces.</li></ul> |
Property Facts
| Total Building Size | 8,473 SF | Typical Floor Size | 5,143 SF |
| Property Type | Flex (Condo) | Year Built | 1980 |
| Property Subtype | Light Manufacturing | Tenancy | Single |
| Building Class | B | Lot Size | 0.52 AC |
| Floors | 1 | Parking Ratio | 1.56/1,000 SF |
| Total Building Size | 8,473 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 5,143 SF |
| Year Built | 1980 |
| Tenancy | Single |
| Lot Size | 0.52 AC |
| Parking Ratio | 1.56/1,000 SF |
Amenities
- Signage
Presented by
Park Farm Close - Edmonton House
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