Harvey Drive, Chestfield, Whitstable
- SIZE AVAILABLE
917 sq ft
85 sq m
- SECTOR
Warehouse for sale
Key features
- Fully let commercial investment
- Long-standing tenant in occupation since 2010
- New 3-year lease from 1st April 2026
- Passing rent: £7,080 per annum + VAT
- Attractive 7.08% gross yield
- No restriction on market use (subject to planning)
- Established and popular business park location
- Immediate income-producing asset
Description
The Property - The unit extends to approximately 85.2 sq m (917 sq ft) and comprises:
Ground floor workspace/storage area
Mezzanine office accommodation
The layout is well suited to a range of uses including light industrial, storage, trade counter or office-based occupiers.
Investment Details - > Purchase Price: £100,000
> Current Rent: £7,080 per annum + VAT
> Gross Yield: 7.08%
> Lease Term: 3 years from April 2026
> Tenant Since: 2010
> Maintenance Charge: £78 per quarter
Location - Situated within John Wilson Business Park, the property benefits from:
> Direct access to the A299 Thanet Way
> Easy connectivity to the M2 motorway
> Close proximity to Ramsgate, Broadstairs and Margate
> Access to Thanet Parkway railway station and Channel ports
Business Rates - From April 2026, the Rateable Value is £9,500, broken down as:
> Ground floor: £3,806
> Mezzanine office: £5,734
Eligible occupiers may benefit from Small Business Rate Relief, subject to status.
Additional Information - > VAT applicable on the rent
> No restrictions on open market use (subject to planning)
> Ideal for investors seeking a stable, income-producing asset with a proven tenant
Summary - An excellent opportunity to acquire a fully let commercial investment within the well-established John Wilson Business Park, Ramsgate.
The property benefits from a reliable tenant who has occupied the unit since 2010, demonstrating long-term stability and consistent occupation.
A new 3-year lease has been agreed from 1st April 2026, offering immediate and secure income for an incoming investor.
With a 7.08% gross yield, this represents a strong, hands-off investment opportunity in a proven commercial location.
Brochures
Harvey Drive, Chestfield, Whitstable
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
Disclaimer - Property reference 34596079. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Manyweathers Commercial, Manston. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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