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Investment Highlights

  • This development is the second phase of the successful Precision 2 Business Park Estate and provides new two storey business units
  • Great transport links
  • The units are constructed of a steel portal frame with insulated steel cladding and roofs, each benefiting from a loading door and a separate door

Executive Summary

This development is the second phase of the successful Precision 2 Business Park Estate and provides new two storey business units from 1,400 sq ft over the two floors and will provide 8 units in total. The units are constructed of a steel portal frame with insulated steel cladding and roofs, each benefiting from a loading door and a separate personnel door. Each unit will have ground floor storage/workshop area, WC, kitchenette and first floor open plan office/storage space with suspended ceiling, LED lighting and perimeter trunking.

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1A
  • 1,518 SF
  • Industrial
  • $559,810 CAD ($368.78 CAD/SF)
  • -
Sale Type Investment or Owner User
Sale Status Under Contract
Tenure Freehold
Description
Each unit has allocated car parking spaces.

The units are constructed of a steel portal frame with insulated steel cladding and roofs, each benefiting from a loading door and a separate personnel door. Each unit will have ground floor storage/workshop area, WC, kitchenette and first floor open plan office/storage space with suspended ceiling, LED lighting and perimeter trunking
Sale Notes
Alternative available to acquire freehold at £300,000
  • Unit 1G
  • 700 SF
  • Industrial
  • $373,207 CAD ($533.15 CAD/SF)
  • -
Sale Type Investment or Owner User
Sale Status Under Contract
Tenure Freehold
Description
Each unit has allocated car parking spaces.

The units are constructed of a steel portal frame with insulated steel cladding and roofs, each benefiting from a loading door and a separate personnel door. Each unit will have ground floor storage/workshop area, WC, kitchenette and first floor open plan office/storage space with suspended ceiling, LED lighting and perimeter trunking
Sale Notes
Alternative available to acquire freehold
Unit Unit Size Condo Use Price NOI
Unit 1A 1,518 SF Industrial $559,810 CAD ($368.78 CAD/SF) -
Unit 1G 700 SF Industrial $373,207 CAD ($533.15 CAD/SF) -

Unit 1A

Unit Size
1,518 SF
Condo Use
Industrial
Price
$559,810 CAD ($368.78 CAD/SF)
NOI
-

Unit 1G

Unit Size
700 SF
Condo Use
Industrial
Price
$373,207 CAD ($533.15 CAD/SF)
NOI
-

Unit 1A

Unit Size 1,518 SF
Condo Use Industrial
Price $559,810 CAD ($368.78 CAD/SF)
NOI -
Sale Type Investment or Owner User
Sale Status Under Contract
Tenure Freehold
Description
Each unit has allocated car parking spaces.<br> <br> The units are constructed of a steel portal frame with insulated steel cladding and roofs, each benefiting from a loading door and a separate personnel door. Each unit will have ground floor storage/workshop area, WC, kitchenette and first floor open plan office/storage space with suspended ceiling, LED lighting and perimeter trunking</li></ul>
Sale Notes
Alternative available to acquire freehold at &#163;300,000</li></ul>

Unit 1G

Unit Size 700 SF
Condo Use Industrial
Price $373,207 CAD ($533.15 CAD/SF)
NOI -
Sale Type Investment or Owner User
Sale Status Under Contract
Tenure Freehold
Description
Each unit has allocated car parking spaces.<br> <br> The units are constructed of a steel portal frame with insulated steel cladding and roofs, each benefiting from a loading door and a separate personnel door. Each unit will have ground floor storage/workshop area, WC, kitchenette and first floor open plan office/storage space with suspended ceiling, LED lighting and perimeter trunking</li></ul>
Sale Notes
Alternative available to acquire freehold</li></ul>

Property Facts Under Contract

The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 11,682 SF
Property Type Industrial
Property Subtype Warehouse
Building Class A
Floors 2
Typical Floor Size 5,841 SF
Year Built 2022
Lot Size 3.54 AC
Parking Ratio 1.28/1,000 SF

Amenities

  • Automatic Blinds
  • Storage Space
  • Demised WC facilities

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer - City
  • Heating
  • Listing ID: 34232173

  • Date on Market: 2024-12-18

  • Last Updated:

  • Address: Bingham Rd, Sittingbourne ME10 3TR

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