to

Commercial Properties For Sale by Watson Day Chartered Surveyors, Chatham, including sold STC

35 results

Paid partnerships can play a role in listing order

Prioritise properties with...
camera icon1/10
Barton Business Park, New Dover Road, Canterbury, Kent, CT1 3AA
Warehouse

** UNDER OFFER ** Diversified multi-let South East industrial investment with asset management upside, adjacent to Canterbury's largest residential development project. ESTATE OVERVIEW * Floor area - 123,317 sq. ft. * No of units - 55 (90.3% occupancy rate) * No. of tenants - 35 * Contracted rent - £706,250 per annum (£5.73 per sq. ft.) * Unit sizes - 453 - 18,948 sq. ft. (GIA) * WAULTC - 3 years * Site - 8.29 acres (3.35 hectares) * Tenure - Freehold INVESTMENT SUMMARY * Opportunity to acquire a substantial multi-let industrial estate extending to 123,317 sq ft across 55 units, providing critical mass in an established and supply-constrained South East industrial location. * Let to 35 tenants, generating a highly diversified income stream with the largest occupier accounting for only 8.2% of contracted income. * The property produces a low average passing rent of just £5.73 per sq ft, offering significant reversionary potential, with recent lettings on the estate achieving rents of up to £10.98 per sq ft. * Attractive WAULTC of 3.0 years, with approximately 85.4% of income subject to lease expiry or rent review within the next three years, providing multiple opportunities to capture rental growth and enhance income. * Highly occupied, with just 9.7% vacancy, offering immediate asset management opportunities through the letting of vacant accommodation, lease regears, refurbishment initiatives and ESG-led improvements. * Positioned to benefit from t

Watson Day Chartered Surveyors, Chatham Estate Agent Logo
CommercialUnder offer
Marketed by Watson Day Chartered Surveyors, Chatham
Branch logo
Watson Day Chartered Surveyors, Chatham
2 The Oaks, Revenge Road Lordswood, Chatham, Kent, ME5 8LF
01604 279980
Local Call Rate
See commercial properties to let by Watson Day Chartered Surveyors, Chatham

Staying secure when looking for a property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

View our security centre to find out more >