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26-28 Kingstanding Way 43,242 SF 100% Leased Industrial Building Tunbridge Wells TN2 3GP $14,900,870 CAD ($344.59 CAD/SF) 6% Cap Rate
Investment Highlights
- Decimus Park is the leading business and industrial location in Tunbridge Wells. It has an exceptionally strong occupational story
- The property comprises a terrace of 3x high specification industrial warehouse units which form the final phase of the Decimus Park development,
- Kingstanding Business Park is a 33-acre site immediately adjacent to Decimus Park, by Scannell Properties and RLAM
Executive Summary
An opportunity to acquire a terrace of three industrial units, of strong specification, let to two fully committed tenants. The property is held freehold on title number K912712.
Property Facts
| Price | $14,900,870 CAD | Building Class | B |
| Price Per SF | $344.59 CAD | Rentable Building Area | 43,242 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 6% | Year Built | 2006 |
| Tenure | Freehold | Parking Ratio | 1.16/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 22’9” (6.93 m) |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 3 |
| Price | $14,900,870 CAD |
| Price Per SF | $344.59 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Rentable Building Area | 43,242 SF |
| No. Stories | 2 |
| Year Built | 2006 |
| Parking Ratio | 1.16/1,000 SF |
| Clear Ceiling Height | 22’9” (6.93 m) |
| No. Drive In / Grade-Level Doors | 3 |
Amenities
- Security System
- Yard
- Accent Lighting
- Automatic Blinds
- Storage Space
Utilities
- Lighting - Fluorescent
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26-28 Kingstanding Way
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