Checkmate Premises | New Rd
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Checkmate Premises New Rd
24,649 SF Industrial Building Sheerness ME12 1NB $1,376,170 ($56/SF) 7.05% Cap Rate
Investment Highlights
- Fenced And Surfaced Yard
- Situated In Busy Industrial Site
- Mezzanine Level
Executive Summary
CHECKMATE LIFTING & SAFETY, NEW ROAD, SHEERNESS, KENT ME12 1PZ
- Industrial complex of 2,289.9 m² (24,649 sq ft)
- Fenced and surfaced Yard
- Total site area of 0.73 hectares (1.80 acres) – c 30% site cover
- Let to Checkmate Lifting & Safety Ltd on FR&I lease until June 2030
- Current Rent of £82,000 pa
- Rent Review Due at June 2027
- Net Initial Yield of 7.05%
FOR SALE BY PRIVATE TREATY
OFFERS IN EXCESS OF £1,100,000
- Industrial complex of 2,289.9 m² (24,649 sq ft)
- Fenced and surfaced Yard
- Total site area of 0.73 hectares (1.80 acres) – c 30% site cover
- Let to Checkmate Lifting & Safety Ltd on FR&I lease until June 2030
- Current Rent of £82,000 pa
- Rent Review Due at June 2027
- Net Initial Yield of 7.05%
FOR SALE BY PRIVATE TREATY
OFFERS IN EXCESS OF £1,100,000
Property Facts Under Contract
Price | $1,376,170 | Lot Size | 1.41 AC |
Price Per SF | $56 | Rentable Building Area | 24,649 SF |
Sale Type | Investment | No. Stories | 2 |
Cap Rate | 7.05% | Year Built | 1950 |
Tenure | Freehold | Tenancy | Single |
Property Type | Industrial | Parking Ratio | 0.77/1,000 SF |
Property Subtype | Manufacturing | No. Drive In / Grade-Level Doors | 2 |
Building Class | B |
Price | $1,376,170 |
Price Per SF | $56 |
Sale Type | Investment |
Cap Rate | 7.05% |
Tenure | Freehold |
Property Type | Industrial |
Property Subtype | Manufacturing |
Building Class | B |
Lot Size | 1.41 AC |
Rentable Building Area | 24,649 SF |
No. Stories | 2 |
Year Built | 1950 |
Tenancy | Single |
Parking Ratio | 0.77/1,000 SF |
No. Drive In / Grade-Level Doors | 2 |
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Checkmate Premises | New Rd
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