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Light Industrial for sale

Maynard Road, Canterbury, Kent, CT1

£350,000

Property Description

Key features

  • Full Vacant Possesion
  • Unconditional offers only

Full description

The property is divided into two main elements, the front warehouse style main building which is now FULLY VACANT and ready for immediate occupation, as well as the significant space at the rear which has previously been utilized as a service yard for large vehicles with separate access via Cotton Road. The site also provides extensive parking facilities at the front, leading off Maynard. The unit is currently classified as B1 use for light industrial and storage. At ground floor it is mostly open plan as a service workshop area and stores with internal offices and toilet and staff areas with and a further office area at first floor level.

The building also has use staff and customer parking to the front and rear of the building.
 
 TENURE
 The property is held on a long lease for 99 years from Canterbury City Council for a term of 99 years from 22nd October 1972 (having 52 years remaining) at a current ground rent of £11,750 per annum
 
The property is also available to let on a new Full Repairing and Insuring sub-lease for a term to be agreed at a rent of £50,000 per annum exclusive of insurance and VAT.

Schedule:
Floor Description               Area metres
Ground Workshop             556.6
Ground Office                     67.4
First Office                           19.75
Total                                     643.75

 Location:
 Lying to the south west of the centre of Canterbury, Wincheap Industrial Estate forms part of the main business and retail parks in the city with excellent road access from the A2 and A28. This strategic location is ideal for other transport links being situated between Canterbury East mainline rail and Wincheap Park & Ride.
The locality is host to a substantial range of business uses being both local traders and national companies such as Iceland, Euronics, Dreams, Bamboo Tiger and Laura Ashley as well as many other well-known brands are attracted to the site being a major regional centre for Kent.
 
 Planning:
The building is sold on an unconditional basis but clearly does not fully utilise the site area to its maximum potential and especially given that the rear of neighbouring units have been extended this also provides further options for asset management. Buyers are deemed to rely on their own enquiries with regard to planning permissions required.
 
 


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