19, North Street, Ashford, Kent TN24 8LF

Location

The property is situated on the northern end of North Street, an attractive thoroughfare popular with office occupiers, boutique shops, and restaurants, and within walking distance of Ashford International Railway Station providing High Speed services to London of around 35 minutes.

Description

The property comprises an attractive mid terrace office building of brick elevations under a pitched tiled roof.

It is arranged to provide a mix of open plan and cellular offices over ground, first and second floor levels having both male and female toilets on each floor and coffee making areas on ground and second floors.

Internally, the offices are finished to a good modern specification having a gas combi-boiler providing central heating via panel radiators supplemented by Air Conditioning, suspended ceilings incorporating LED light boxes and a mix of carpet tile and vinyl flooring.

Tenancy

The property is let on Full Repairing & Insuring terms to Calcutt Matthews WBZ Limited (Company no. 11375532) for a term of 5 years (without break) from 20 July 2023 (expiring 19 July 2028) at a rent of £27,110 per annum.

A copy of the lease can be provided upon request.

The Tenant

Calcutt Matthews are a firm of Chartered Accountants and Business Advisors that has served Ashford and surrounding areas for considerable time, being a stalwart in the community and popular local business.

In 2025 the firm integrated into Xeinadin South East Limited (Company no. 11411023), a fast growing accountancy and business advisory group having around 135 offices across the UK and Ireland.

Terms

The freehold interest is offered for sale on an unconditional basis subject to the existing tenancy.

Rent/Price

Our client is seeking offers in the region of £350,000 reflecting a Gross Initial Yield of 7.74%.

Please see the Marketing Particulars for further information.