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SOLD STC

John Wilson Business Park, Harvey Drive, Whitstable, Kent, CT5

Offers in Excess of
£265,000

£83.81 per sq ft

Business rates & charges may apply

BWP Commercial Property, Home Counties
SIZE AVAILABLE

3,162 sq ft

294 sq m

SECTOR

Light industrial facility for sale

USE CLASSUse class orders: Class E

E

Key features

  • Two adjoining steel framed light industrial units measuring approximately 3162 Sq.ft
  • Let on a new 10-year lease at £25,000/pa
  • Sold on a sale and lease back basis to a local trade counter
  • Total of 5 parking spaces for staff and customers
  • The property is elected for VAT
  • Reflecting a 9.2% NIY

Description

Location:

Whitstable is a popular market town located in North Kent on the Greater Thames Estuary five miles north of Canterbury. The property is located on the John Wilson Business Park which is a very popular trading estate is located just off Thanet Way (A299) at Chestfield on the outskirts of the town.

Connections:

Whitstable is located just off the A299 in northern Kent and 7 miles from the M2/A2 linking London and Dover. Whitstable also enjoys direct trains into London Victoria & St Pancras International taking approximately 90 minutes.

Description:

The property consists of two adjoining steel frame and metal clad light industrial units occupied by a plumbing wholesaler trade counter. One of the full height roller shutter doors has been replaced with a shop front and entrance, whilst the other remains as access to the warehouse. A mezzanine floor has been added which is used for storage and as a bathroom showroom. Outside there is a forecourt for up to 6 staff and customer cars.

Tenancy:

The current owner and occupier of the property is a successful regional plumbing supply business called Drakes Plumbing Supplies Ltd (Company Number ). The building will be sold with the benefit of a new 10 year lease to Drakes Plumbing Supplies Ltd at an annual rent of £25,000 per annum. The lease which will be contracted outside of the security of tenure of the 1954 Landlord & Tenant act, and will include a mutual break and open market rent review at year 5.

Energy Performance Certificates

EPC 1

Brochures

John Wilson Business Park, Harvey Drive, Whitstable, Kent, CT5

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chestfield & Swalecliffe Station0.6 miles
  • Whitstable Station1.0 miles
  • Herne Bay Station2.8 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference Whitstable. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BWP Commercial Property, Home Counties. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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