1-3 Cooting Road, Aylesham Industrial Estate, Aylesham, Canterbury, Kent, CT3 3EP
- SIZE AVAILABLE
7,750 sq ft
720 sq m
- SECTOR
Commercial property for sale
Key features
- Situated within Aylesham Industrial Estate at the corner of Cooting Road and Covert Road.
- Established industrial location Just 3 minutes' drive from the A2 Dover Road.
- Multi let across three units producing a total income of £61,000 per annum.
- Offers in excess of £775,000 subject to contract and exclusive of VAT.
Description
The property comprises a purpose built 7,750 sq ft multi let warehouse split into 3 individual units. It is of a portal frame construction with
brick elevations.
Units 1 and 2 benefit from a yard area fronting onto Covert Road, providing ample car parking. Principal access for unit 3 fronts onto Cooting road.
Terms
Sibley Pares are instructed to sell the freehold interest subject to the occupational tenancies.
Rent/Price
Our clients are seeking offers in the region of £775,000 subject to contract and exclusive of VAT.
A purchase at this level would reflect a Net Initial Yield of 7.58% and a potential reversionary yield of 8.20% after allowance for SDLT costs of 3.76%.
Please see the Marketing Particulars for further information.
Brochures
1-3 Cooting Road, Aylesham Industrial Estate, Aylesham, Canterbury, Kent, CT3 3EP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Aylesham Station0.7 miles
- Snowdown Station0.9 miles
- Adisham Station1.3 miles
Notes
Disclaimer - Property reference 202851FH. 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 Sibley Pares Chartered Surveyors, Ashford. 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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