John Wilson Business Park, Harvey Drive, Whitstable, Kent, CT5
£168.50 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,365 sq ft
127 sq m
- SECTOR
Light industrial facility for sale
- USE CLASSUse class orders: B1 Business, B2 General Industrial, B8 Storage and Distribution and Class E
B1, B2, B8, E
Key features
- Outstanding return on investment, fully let until September 2029, providing immediate and reliable income.
- Attractive 7.91% gross yield (approx. 7.4-7.5% net) - a strong return in today's market.
- VAT exempt sale, offering a cost-efficient and straightforward investment structure.
- 1,015 sq ft ground floor plus 350 sq ft mezzanine, creating flexible, high-quality space for multiple uses.
- 5-metre eaves height with large roller shutter door, ensuring practical and efficient access for operations.
- Includes kitchen, WC, and allocated staff parking, supporting modern occupational needs.
- Tenant in place under a 5-year licence, ensuring stable, predictable rental income.
- Located on the established John Wilson Business Park, a proven commercial hub in Whitstable.
- Excellent road connectivity via A299 (Thanet Way), M2, A2, and M20, with easy access to Dover, Ashford, and London.
- Low maintenance and service costs - quarterly service charge just £78 + VAT, enhancing net yield performance.
Description
This modern end-of-terrace industrial unit is located on the established John Wilson Business Park, Whitstable, and comes with a reliable tenant in place, offering investors both stability and strong returns.
The property provides approximately 1,015 sq ft on the ground floor plus an additional 350 sq ft mezzanine, creating versatile space for storage, office, or light industrial use. With a 5-metre eaves height, large roller shutter door, and personal entry doors to both floors, the unit is designed for practical and efficient operations. Facilities include a kitchen, WC, and allocated staff parking, while mains services are connected including three-phase electricity.
Investment Highlights
* Tenant in place under a 5-year licence expiring 1 September 2029
* Rent Passing: £350 per week (£18,200 per annum)
* Purchase Price: £230,000
* Yield: 7.91% gross (approx. 7.4-7.5% net)
* VAT: Exempt
* EPC: Rated B
Location
John Wilson Business Park offers excellent connectivity via the A299 (Thanet Way), linking directly to the M2, A2, and M20. This provides quick access to Whitstable, Faversham, Ashford, Dover, London, and the Channel Tunnel, making the estate a proven and popular commercial hub.
Summary
A secure, income-producing industrial investment with strong yield and prime connectivity - a rare find in today's market.
Business Rates: VOA rateable value £10,750 from April 2023. Buyer must make their own enquires to confirm the business rates and class of usage
A quarterly Maintenance Service Charge Fee of £78 plus vat to George Wilson Developments
Energy Performance Certificates
EPC REPORTBrochures
John Wilson Business Park, Harvey Drive, Whitstable, Kent, CT5
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chestfield & Swalecliffe Station0.5 miles
- Whitstable Station1.0 miles
- Herne Bay Station2.7 miles
Notes
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