Thanet Way 1,937 - 2,165 SF Industrial Condo Units Offered at $332,641 Per Unit in Whitstable CT5 3QT


INVESTMENT HIGHLIGHTS
- Good road connections
- Close to City of Canterburyvaughan
- Amenities nearby
EXECUTIVE SUMMARY
The property is situated on the well established and popular John Wilson Business Park just off the A2990 and about ½ mile from Chestfield mainline station and 2 miles from the centre of Whitstable. An access point to the main A299 Thanet Way connecting to the M2 at Faversham is approximately 3 miles to the west. The city of Canterbury is 8 miles to the south.
PROPERTY FACTS
Price | $332,641 |
Unit Size | 1,937 - 2,165 SF |
No. Units | 2 |
Total Building Size | 10,000 SF |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | B |
Floors | 2 |
Typical Floor Size | 5,000 SF |
Year Built | 1994 |
Lot Size | 0.45 AC |
AMENITIES
- Automatic Blinds
- Storage Space
- Air Conditioning
2 UNITS AVAILABLE
Unit Unit 60
Unit Size | 1,937 SF |
Price | $332,641 |
Price Per SF | $171.73 |
Condo Use | Industrial |
Sale Type | Investment |
Tenure | Freehold |
Cap Rate | 7.80% |
NOI | $25,946.03 |
DESCRIPTION
The property comprises a mid-terraced industrial/warehouse units of steel frame construction with sloping flat roof and with part brick and part profile steel sheet clad elevations.
The accommodation provides flexible use space with a mezzanine
The specification includes 3-phase power supply, 5m eaves. a full height roller door, LED lighting and heating.
To the front is space for parking and unloading for 3 vehicles.
SALE NOTES
The property is let to The Window and Door Warehouse Limited on a 5 year Licence expiring 31st March 2029 at a rent of £19,500 per annum exclusive.
Unit Unit 61
Unit Size | 2,165 SF |
Price | $332,641 |
Price Per SF | $153.65 |
Condo Use | Industrial |
Sale Type | Investment |
Tenure | Freehold |
Cap Rate | 7.28% |
NOI | $24,216.30 |
DESCRIPTION
The property comprises a mid-terraced industrial/warehouse units of steel frame construction with sloping flat roof and with part brick and part profile steel sheet clad elevations.
The accommodation provides flexible use space with a mezzanine
The specification includes 3-phase power supply, 5m eaves. a full height roller door, LED lighting and heating.
To the front is space for parking and unloading for 3 vehicles.
SALE NOTES
The property is let to Martial Art Studios on a 5 year Licence expiring 31st March 2029 at a rent of £18,200 per annum exclusive.