09 | conqueror court

Report 2 Downloads 43 Views
09 | conqueror court

HIGH QUALITY SELF-CONTAINED OFFICE BUILDING WITH 25 PARKING SPACES. 7,032 SQ FT (653.3 SQ M)

INVESTMENT FOR SALE FREEHOLD

Conqueror Court | Vellum Drive | Sittingbourne | Kent | ME10 5BH HOME | LOCATION | DESCRIPTION | ACCOMMODATION | GALLERY | DETAILS AND VIEWING

conqueror court CLOSE

PRINT

SAVE

09 | conqueror court

W AY

HIGH QUALITY SELF-CONTAINED OFFICE BUILDING WITH 25 PARKING SPACES. 7,032 SQ FT (653.3 SQ M) EP H S

P

Kemsley

EY

A249

HA R T 5

Newington

L IP

HI L Sittingbourne L

Y PE

A2

K EY CO LH IL L

B2

EP

ST

Y

SH

HI G H

Maidstone

WA

7

B 00

0 20

5

6

L ON DON R OA D

Sittingbourne

A2

A249 conqueror court

M2

A2

Location:

5

Conqueror Court is located in Sittingbourne, fronting the busy A249 and just 2 miles from the M2. Central London is 54 miles away and the location provides excellent access across the UK and into Europe via the Channel Tunnel and ferry ports.

M2

Conqueror Court | Vellum Drive | Sittingbourne | Kent | ME10 5BH HOME | LOCATION | DESCRIPTION | ACCOMMODATION | GALLERY | DETAILS AND VIEWING

conqueror court CLOSE

PRINT

SAVE

09 | conqueror court

HIGH QUALITY SELF-CONTAINED OFFICE BUILDING WITH 25 PARKING SPACES. 7,032 SQ FT (653.3 SQ M)

DESCRIPTION:

The unit comprises a self-contained 2 storey terraced office building. Features include:

3

• Raised carpeted floors with cabling & floor points • Comfort cooling/heating • LG7 lighting • DDA access • Mixture of cellular rooms and open plan space • WCs • Car parking for 25 vehicles

4

5

6

7

8

9 10

2 1

11 12 13

Conqueror Court | Vellum Drive | Sittingbourne | Kent | ME10 5BH HOME | LOCATION | DESCRIPTION | ACCOMMODATION | GALLERY | DETAILS AND VIEWING

conqueror court CLOSE

PRINT

SAVE

09 | conqueror court

HIGH QUALITY SELF-CONTAINED OFFICE BUILDING WITH 25 PARKING SPACES. 7,032 SQ FT (653.3 SQ M)

ACCOMMODATION: All areas are approximate and based on net internal areas.

Ground Floor First floor Total

3,516 sq ft 3,516 sq ft 7,032 sq ft

326.6 sq m 326.6 sq m 653.2 sq m

25 parking spaces

Conqueror Court | Vellum Drive | Sittingbourne | Kent | ME10 5BH HOME | LOCATION | DESCRIPTION | ACCOMMODATION | GALLERY | DETAILS AND VIEWING

conqueror court CLOSE

PRINT

SAVE

09 | conqueror court

HIGH QUALITY SELF-CONTAINED OFFICE BUILDING WITH 25 PARKING SPACES. 7,032 SQ FT (653.3 SQ M)

Conqueror Court | Vellum Drive | Sittingbourne | Kent | ME10 5BH HOME | LOCATION | DESCRIPTION | ACCOMMODATION | GALLERY | DETAILS AND VIEWING

conqueror court CLOSE

PRINT

SAVE

09 | conqueror court

HIGH QUALITY SELF-CONTAINED OFFICE BUILDING WITH 25 PARKING SPACES. 7,032 SQ FT (653.3 SQ M)

TENANT COVENANT:

PURCHASE PRICE:

FURTHER INFORMATION:

The property is let to GEA Refrigeration UK Limited, a market leader in refrigeration Components, Installations and Service for the food, non-food, process and marine industries. It is part of the German multinational company GEA Refrigeration Technologies. The subject property is the company’s UK Headquarters.

£1.275 M plus VAT. This shows a net initial yield of 7.25% after allowing for the usual costs. Subject to agreement the sale may be treated as a Transfer of Going Concern (TOGC).

By appointment via the joint agents:-

GEA Refrigeration UK Limited has a D&B rating of 4A2, representing a lower than average risk of business failure.

LEASE: The FRI lease is for a term expiring 23rd November 2021. The Headline rental is £98,096 (£13.95 PSF) paex. There is a service charge in respect of the common parts paid by the tenant.

RENTAL COMMENTARY:

Kevin Dempster [email protected]

The most recent letting is at £15.50 PSF in respect of First Floor Unit 6. Let to Aston Scott Ltd, Insurance Brokers. The ground floor of 6 & 10 are available at a quoting rental of £16.00 PSF.

Richard Turnill [email protected]

EPC: The property has been rated Band C (71). An Energy Performance Certificate is available upon request.

Neil Chatterton [email protected] Charlotte Bland [email protected]

IMPORTANT NOTICE: Watson Day Chartered Surveyors and Caxtons for themselves and for the vendors or lessors of this property whose agents they are give notice that: 1) All rents, prices or other charges given are exclusive of VAT; 2) Any equipment, fixtures and fittings or any other item referred to have not been tested unless specifically stated; 3) These details, description and measurements do not form part of a contract and whilst every effort has been made to ensure accuracy this cannot be guaranteed. Applicants must satisfy themselves by inspection or otherwise as to the correctness of them; 4) No person in the employment of Watson Day Chartered Surveyors and Caxtons has any authority to make or give any representation or warranty whatever in relation to this property. Date of publication: June 2017

Conqueror Court | Vellum Drive | Sittingbourne | Kent | ME10 5BH HOME | LOCATION | DESCRIPTION | ACCOMMODATION | GALLERY | DETAILS AND VIEWING

conqueror court CLOSE

PRINT

SAVE