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Apple Pie Farm Cranbrook Rd

10,633 SF 100% Leased Industrial Building Benenden TN17 4EU $2,044,859 ($192/SF) 10.01% Cap Rate

Investment Highlights

  • Prominent Business Location
  • High Eaves
  • Solid Transport Links

Executive Summary

Apple Pie Farm forms part of a wider complex of former agricultural buildings that have been converted to commercial uses, storage, and residential dwellings.
The site itself extends to an approximate site area of 2.45 acres and comprises 10,633 sq. ft of office and industrial accommodation, details of which are provided on the following pages. The site also benefits from 30x storage containers which are to be sold with site and are let for general self-storage purposes. The property benefits from surrounding yard space which provides parking and loading areas. There is a long driveway providing direct road access to Cranbrook Road B2068. The freehold interest in the site is to be sold with the benefit of the occupational existing lease agreements. The freehold interest of the Property is registered at the Land Registry under title number K898209. There are other buildings on the western boundary of the freehold which are not included in the ownership but do have a right of way over the access road within the
freehold title. There is potential for eventual redevelopment.

Attachments

Brochure

Property Facts

Price $2,044,859
Price Per SF $192
Sale Type Investment
Cap Rate 10.01%
Sale Conditions Redevelopment Project
Tenure Freehold
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.76 AC
Rentable Building Area 10,633 SF
No. Stories 1
Year Built 1969

Amenities

  • Automatic Blinds
  • Listing ID: 34091833

  • Date on Market: 12/5/2024

  • Last Updated:

  • Address: Cranbrook Rd, Benenden TN17 4EU

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