Light Industrial for saleFrith Business Centre, Frith Road, Aldington, Ashford, TN25
Removed 8,438 sq. ft. | £395,000
- 8,438 sq ft (783 sq m)
- Existing let workshops/stores 8,438 sq.ft. (784m)
- Ashford, M20 (Junction 10) and International Rail Station within 4 - 5 miles.
- New 7,500 sq.ft. scheme subject to planning consent.
The site provides a unique opportunity for a potential purchaser (subject to necessary consents) to further develop the site to enhance the existing income stream or to develop part of the site for their own business operations whilst retaining the existing units and benefiting from the ongoing income stream.
Block 1 - This is a block and rendered building with pitched corrugated clad roof divided into nine workshop/store units and includes communal toilet facilities plus two further adjoining units, 7A and 7B.
Block 2 - This is a building with rough cast rendered elevations beneath a corrugated clad roof. It is divided into five units.
Block 3 - Totals 4,392 sq.ft (408m). Suitable for demolition and replacement with a new 7,500 sq.ft. headquarters building or a new terrace of units for investments).
Units 4 & 5 - These are detached pre-fabricated concrete garages which are both let.
PLANNING AND FUTURE POTENTIAL
The site has an established B1 (light industrial) use. It is considered there is potential for the replacement of Block 3 with a new headquarters building of 7,500 sq.ft. or a new terrace comprising 10 units in a mix of 500 and 1,000 sq.ft. units with an estimated rental income of £6.50 per sq.ft. (subject to planning consent). This proposed scheme could potentially provide an additional income of £48,750.
Plans are available for inspection. Interested parties must make their own enquiries about the longer term redevelopment potential of the site to the planning authority, Ashford Borough Council.
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