Warehouse Investment For Sale - Rochester, Kent

Unit 5, Kendon Business Centre, Maritime Close, Medway City Estate, ROCHESTER, Kent, ME2 4JF

IMG 3718

Location

Situated on the established estate just off Anthony’s Way, the A289 & Medway Tunnel.

Description

A steel portal frame trade warehouse unit with profiled steel cladding and roof. Roller shutter door with separate pedestrian access. 18 ft 9 ins eaves height (22 ft peak). Three phase power. Integral mezzanine showroom/office. Toilets. 6 parking spaces.

Accommodation

3,720 sqft including 1,277 sqft mezzanine.

Terms

For Sale freehold at £525,000 plus vat (5.0% rising to 6.3% gross / £141 psf overall), subject to contract. Let at £26,000 pa to JP McDougall & Co Limited t/a Dulux Decorator Centres (Turnover: £174m YE Dec 2020) on a FR&I lease with schedule of condition to 27/02/2025. Dulux have occupied this unit for some 20 years. ERV £33,000 pa.