This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Thanet Way
1,937 - 2,165 SF Industrial Condo Units Offered at $316,452 Per Unit in Whitstable CT5 3QT
Investment Highlights
- Good road connections
- Close to City of Canterburyvaughan
- Amenities nearby
Executive Summary
The property is situated on the well established and popular John Wilson Business Park just off the A2990 and about ½ mile from Chestfield mainline station and 2 miles from the centre of Whitstable. An access point to the main A299 Thanet Way connecting to the M2 at Faversham is approximately 3 miles to the west. The city of Canterbury is 8 miles to the south.
Property Facts
| Price | $316,452 | Building Class | B |
| Unit Size | 1,937 - 2,165 SF | Floors | 2 |
| No. Units | 2 | Typical Floor Size | 5,000 SF |
| Total Building Size | 10,000 SF | Year Built | 1994 |
| Property Type | Industrial | Lot Size | 0.45 AC |
| Property Subtype | Warehouse |
| Price | $316,452 |
| Unit Size | 1,937 - 2,165 SF |
| No. Units | 2 |
| Total Building Size | 10,000 SF |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 5,000 SF |
| Year Built | 1994 |
| Lot Size | 0.45 AC |
2 Units Available
Unit Unit 60
| Unit Size | 1,937 SF | Sale Type | Investment |
| Price | $316,452 | Tenure | Freehold |
| Price Per SF | $163.37 | Cap Rate | 7.80% |
| Condo Use | Industrial | NOI | $24,683.23 |
| Unit Size | 1,937 SF |
| Price | $316,452 |
| Price Per SF | $163.37 |
| Condo Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 7.80% |
| NOI | $24,683.23 |
Description
The property comprises a mid-terraced industrial/warehouse units of steel frame construction with sloping flat roof and with part brick and part profile steel sheet clad elevations.
The accommodation provides flexible use space with a mezzanine
The specification includes 3-phase power supply, 5m eaves. a full height roller door, LED lighting and heating.
To the front is space for parking and unloading for 3 vehicles.
Sale Notes
The property is let to The Window and Door Warehouse Limited on a 5 year Licence expiring 31st March 2029 at a rent of £19,500 per annum exclusive.
Unit Unit 61
| Unit Size | 2,165 SF | Sale Type | Investment |
| Price | $316,452 | Tenure | Freehold |
| Price Per SF | $146.17 | Cap Rate | 7.28% |
| Condo Use | Industrial | NOI | $23,037.68 |
| Unit Size | 2,165 SF |
| Price | $316,452 |
| Price Per SF | $146.17 |
| Condo Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 7.28% |
| NOI | $23,037.68 |
Description
The property comprises a mid-terraced industrial/warehouse units of steel frame construction with sloping flat roof and with part brick and part profile steel sheet clad elevations.
The accommodation provides flexible use space with a mezzanine
The specification includes 3-phase power supply, 5m eaves. a full height roller door, LED lighting and heating.
To the front is space for parking and unloading for 3 vehicles.
Sale Notes
The property is let to Martial Art Studios on a 5 year Licence expiring 31st March 2029 at a rent of £18,200 per annum exclusive.
Amenities
- Automatic Blinds
- Storage Space
- Air Conditioning
-
Vaughan Hughes -
Caxtons Commercial Ltd
Learn More About Investing in Industrial Properties
Presented by
Thanet Way
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.