Industrial Investment For Sale- Under offer

Unit 6, Integra ME, Bircholt Road, MAIDSTONE, Kent, ME15 9GQ

6 integra pic

Location

Maidstone is situated about 45 miles south of London. The property lies to the southeast of the town on the established Parkwood estate. Good access to the M20 motorway.

Description

Modern business unit of portal frame construction with brick to about 8ft and lined profiled steel cladding above. Planning permission for B1, B2 and B8 uses. 3 phase power, water and mains gas. Sectional access doors. 3-4 dedicated parking spaces plus loading area plus communal spaces. Eaves height: 19’08” (6 metres).

Letting
Let at £21,500 pa (£6.52 psf) to A&B Glass Co Limited (Turnover: £43m YE April 2019) on a FR&I lease to 29-10-2025. Review & tenant break October 2022. ERV £28,000.

Accommodation

3,297 sqft including mezzanine of 920 sqft.

Terms

UNOW SOLD. For Sale on a 990 year lease (approx) at a peppercorn rent at £375,000 plus vat (5.7% rising to 7.5% gross / £114 psf overall), subject to contract.