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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

Attachments

Brochure

Property Facts Under Contract

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
  • Listing ID: 31664691

  • Date on Market: 5/1/2024

  • Last Updated:

  • Address: New Rd, Sheerness ME12 1NB

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