Units 1-3 , Aylesham Industrial Estate, Aylesham, Canterbury, Kent, CT3 3EP

Property Details: • Type: 7,750 sq ft • Tenure: N/A • Floor Area: N/A

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.

Location: • Nearest Station: Aylesham Station • Distance to Station: 0.7 miles

Agent Information: • Address: Unit 14, The Oak Trees Business Park, The Courtyard, Orbital Park, Ashford, TN24 0SY

Full Description: DescriptionThe property comprises a purpose built 7,750 sq ft multi let warehouse split into 3 individual units. It is of a portal frame construction withbrick 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.TermsSibley Pares are instructed to sell the freehold interest subject to the occupational tenancies. Rent/PriceOur 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.