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.

  • Listing ID: 33607462

  • Date on Market: 10/23/2024

  • Last Updated:

  • Address: Thanet Way, Whitstable CT5 3QT