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SOLD STC

1-3 Cooting Road, Aylesham Industrial Estate, Aylesham, Canterbury, Kent, CT3 3EP

Guide Price
£775,000

£100.00 per sq ft

Business rates & charges may apply

Sibley Pares Chartered Surveyors, Ashford
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

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

About Sibley Pares Chartered Surveyors, Ashford

Unit 14, The Oak Trees Business Park, The Courtyard, Orbital Park, Ashford, TN24 0SY

Sibley Pares (Taylor Riley) Ltd.are well established in the Ashford and Kent commercial property market, we are very active in the sales and lettings market, winning awards in recent years.

We feel we can "add value" to your property project, by melding our knowledge of the local area, with an awareness of demand & supply and an indepth knowledge of the commercial building stock.

There is an odds on chance that we have knowledge, sometimes indepth knowledge, of the building/site you are looking at, a phone call is all it takes to make sure the facts you have are correct!

Our History

The firm was founded in 1987 in Ashford as Taylor Riley a partnership, by Michael Taylor and Peter Riley at 67 High Street. At that time the property services included residential agency and in the 1990’s they were heavily involved acting for the property arm of the Channel Tunnel High Speed Rail Link selling off surplus properties acquired prior to the construction of the line. With the completion of that contract the firm decided to focus on their expanding commercial agency business, professional services and property management.. In November 2016 the company moved into a new and exciting phase of development by joining forces with Sibley Pares Chartered Surveyors a well established and successful firm of Chartered Surveyors and residential and commercial estate agents based in Maidstone. In February 2017 the firm began trading under the name of Sibley Pares (Taylor Riley) Ltd.

Our Future

Our aim is to provide our clients with the information and services that they require, in a comprehensive and professional manner, whilst at the same time growing the company, to permit more clients to benefit from our services, throughout this part of Kent.

Notes

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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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