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Harvey Dr 1,770 SF Industrial Condo Unit Offered at $435,167 CAD in Whitstable CT5 3QT
Investment Highlights
- Good road connections
- Close to Chestfield Mainline
- 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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 8.48% |
| Sale Type | Investment |
| Cap Rate | 8.48% |
| Tenure | Freehold |
Description
The property comprises a mid-terrace industrial/warehouse unit of steel frame construction with sloping flat roof and with part brick and part profile steel sheet clad elevations.
The specification includes 5m eaves and a full height roller door.
To the front is allocated space for customer and staff parking and unloading.
The specification includes 5m eaves and a full height roller door.
To the front is allocated space for customer and staff parking and unloading.
Sale Notes
The property is available to purchase with the benefit of the current tenancy
for £230,000, reflecting a gross yield before costs of 8.48%.
VAT is payable, but the vendor has an option to delist the property for VAT if
required by the purchaser.
for £230,000, reflecting a gross yield before costs of 8.48%.
VAT is payable, but the vendor has an option to delist the property for VAT if
required by the purchaser.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 113 | 1,770 SF | Industrial | $435,167 CAD ($245.86 CAD/SF) | $36,894.60 CAD |
Unit 113
| Unit Size |
| 1,770 SF |
| Condo Use |
| Industrial |
| Price |
| $435,167 CAD ($245.86 CAD/SF) |
| NOI |
| $36,894.60 CAD |
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Unit 113
| Unit Size | 1,770 SF |
| Condo Use | Industrial |
| Price | $435,167 CAD ($245.86 CAD/SF) |
| NOI | $36,894.60 CAD |
| Sale Type | Investment |
| Cap Rate | 8.48% |
| Tenure | Freehold |
| Description | |
| The property comprises a mid-terrace industrial/warehouse unit of steel frame construction with sloping flat roof and with part brick and part profile steel sheet clad elevations.<br> <br> The specification includes 5m eaves and a full height roller door.<br> <br> To the front is allocated space for customer and staff parking and unloading.</li></ul> | |
| Sale Notes | |
| The property is available to purchase with the benefit of the current tenancy <br> for £230,000, reflecting a gross yield before costs of 8.48%. <br> VAT is payable, but the vendor has an option to delist the property for VAT if <br> required by the purchaser.</li></ul> |
Property Facts
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 | 18,094 SF | Typical Floor Size | 9,047 SF |
| Property Type | Industrial (Condo) | Year Built | 1998 |
| Property Subtype | Warehouse | Lot Size | 0.41 AC |
| Building Class | C | Parking Ratio | 1.44/1,000 SF |
| Floors | 2 |
| Total Building Size | 18,094 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 9,047 SF |
| Year Built | 1998 |
| Lot Size | 0.41 AC |
| Parking Ratio | 1.44/1,000 SF |
Amenities
- Security System
- Yard
- Energy Performance Rating - D
- Energy Performance Rating - E
- Automatic Blinds
- Storage Space
- Raised Floor System
Utilities
- Heating
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Harvey Dr
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