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Boxley Rd 7,798 SF Industrial Condo Unit Offered at $2,021,596 CAD in Maidstone ME14 2DZ
Investment Highlights
- Excellently situated for access to the M20 at Junction 7 Warehouse/Industrial space with office accommodation fully let to two tenants
- Viewpoint forms a popular and well established Industrial Estate of 14 units located just off the M20 motorway from either Junctions 6 (1.4 miles)
- The ground floor has been let to an established plc company.
Executive Summary
The property is the prime unit on the estate also benefitting from excellent signage opportunities to the M20 motorway. It is a self-contained industrial unit of ground floor warehouse and Trade Counter with first floor office mezzanine which has been let out separately. Externally there is a large forecourt / parking area providing parking for 16+ cars.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 6.96% |
| Sale Status | Under Contract | Tenure | Freehold |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Cap Rate | 6.96% |
| Tenure | Freehold |
Description
Excellently situated for access to the M20 at Junction 7 Warehouse/Industrial space with office accommodation fully let to two tenants until 23rd April 2028 with potential for rental growth. The ground floor has been let to an established plc company. The first floor office mezzanine has been let out separately on a Lease, Outside the Landlord & Tenant Act, expiring at the same time as the ground floor lease allowing to for flexibility to re-structure at the expiry of the Leases.
Sale Notes
FREEHOLD INDUSTRIAL INVESTMENT ---- FOR SALE ---- CURRENTLY LET AT £76,600 PER ANNUM GUIDE PRICE £1,100,000 REFLECTS A 6.96% ARY
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 7,798 SF | Industrial | $2,021,596 CAD ($259.25 CAD/SF) | $140,703.09 CAD |
Unit 1
| Unit Size |
| 7,798 SF |
| Condo Use |
| Industrial |
| Price |
| $2,021,596 CAD ($259.25 CAD/SF) |
| NOI |
| $140,703.09 CAD |
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Unit 1
| Unit Size | 7,798 SF |
| Condo Use | Industrial |
| Price | $2,021,596 CAD ($259.25 CAD/SF) |
| NOI | $140,703.09 CAD |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Cap Rate | 6.96% |
| Tenure | Freehold |
| Description | |
| Excellently situated for access to the M20 at Junction 7 Warehouse/Industrial space with office accommodation fully let to two tenants until 23rd April 2028 with potential for rental growth. The ground floor has been let to an established plc company. The first floor office mezzanine has been let out separately on a Lease, Outside the Landlord & Tenant Act, expiring at the same time as the ground floor lease allowing to for flexibility to re-structure at the expiry of the Leases.</li></ul> | |
| Sale Notes | |
| FREEHOLD INDUSTRIAL INVESTMENT ---- FOR SALE ---- CURRENTLY LET AT £76,600 PER ANNUM GUIDE PRICE £1,100,000 REFLECTS A 6.96% ARY</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 | 20,720 SF | Typical Floor Size | 16,749 SF |
| Property Type | Industrial (Condo) | Year Built | 2004 |
| Property Subtype | Service | Lot Size | 4.27 AC |
| Building Class | B | Parking Ratio | 0.39/1,000 SF |
| Floors | 2 |
| Total Building Size | 20,720 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Service |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 16,749 SF |
| Year Built | 2004 |
| Lot Size | 4.27 AC |
| Parking Ratio | 0.39/1,000 SF |
Amenities
- Security System
- Energy Performance Rating - D
- Automatic Blinds
- Storage Space
- Recessed Lighting
- Air Conditioning
Utilities
- Sewer
1 1
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Boxley Rd
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