Checkmate Premises, New Road, Sheerness
£44.63 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
24,649 sq ft
2,290 sq m
- SECTOR
Commercial property for sale
Key features
- Industrial Complex of 24,649 sq ft
- Fenced and surfaced yard
- Total site area of 0.73 hectares
- Current Rent of £82,000 pa
- Net Initial Yield of 7.05%
Description
Description - The property comprises a complex of single storey industrial units on a partially fenced site of around 0.73 hectares (1.80 acres).
The main building was constructed in the 1950s and has been modernised and extended in the last few years. It has a concrete frame with brick and profile steel sheet elevations and a pitched roof having an insulated composite panelled roof, providing the main factory, assembly and warehouse areas. It has been extended to the rear to create a product testing area with training and staff restroom areas on the mezzanine level above.
There is a single storey office pod in front finished to a good modern standard including double glazed windows, modern lighting and carpet tile flooring.
There are various further single storey buildings constructed adjacent to the main building having steel frames with corrugated steel sheet panelled elevations and roofs, which provide ambient storage and product testing areas.
Location
Sheerness is located at the north of the Isle of Sheppey on the Thames Estuary, located around 10 miles north of Sittingbourne. It has good connections, being around 12 miles from junction 5 of the M2 motorway. The town has a station offering regular services to London Pancras (81 mins).
The Port of Sheerness is one of the largest foreign car importers in the UK and also handles significant fruit and meat produce importation.
New Road is positioned just south of the port and contains a busy industrial area, with nearby occupiers including The Bond Group, Monarch Chemicals, Fabritec Furniture and Thames Reinforcements.
Proposition and Terms
The freehold interest in the property is offered for sale on an unconditional basis subject to the existing tenancy.
We are instructed to seek unconditional offers in excess of £1,100,000. A purchase at this level will provide a potential net initial yield of around 7.05% and a price equivalent to around £45 per square foot.
Please see attached property particulars for full details.
Brochures
Checkmate Premises, New Road, Sheerness
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Sheerness-on-Sea Station0.7 miles
- Queenborough Station1.2 miles
- Swale Station3.0 miles
About BTF Partnership, Canterbury
27 Watling Street Watling Street Canterbury CT1 2UD
BTF is an independent firm of chartered surveyors covering the commercial and rural property sectors across Kent and Sussex. We act for a range of clients including private individuals, partnerships, property companies, financial and public institutions, charities and large corporations.
BTF’s commercial office is based in Canterbury specialising in the sale, purchase and letting of offices, shops, restaurants, warehouses and industrial premises across the East Kent region, along with
Notes
Disclaimer - Property reference 33051134. 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 BTF Partnership, Canterbury. 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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