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200 Eureka Park - Ashford Kent Office 10,404 sq ft Building Offered at £2,000,000 at a 6.50% Net Initial Yield in Ashford
Investment Highlights
- Modern Office Investment, held on a long ground lease
- 10.5% yield (NIY based on 6.6% purchaser’s costs)
- Excellent out of town business park
- Offers in region of £2M ex. Of VAT
- Let to the exceptional covenant of EDF Energy Nuclear Generation Limited
- Price similar to vacant possession value!
Executive Summary
Eureka Business Park is an established business park, located 2.5 miles north west of Ashford town centre and 1 mile north-west of junction 9 of the M20 motorway.
Ashford, one of Kent's designated growth centres currently has a population of approximately 100,000 inhabitants and is set to grow substantially within the next 20 years. The town is centrally located within the county, benefitting from a fine communication network via the A20/M20 and 5 mainline railways. Ashford International Passenger Station can give direct access to Northern Continental Europe via Eurostar and London is some 38 minutes distant via HS1.
The Henwood Industrial Estate is a thriving and well-established estate housing many local and national firms.
This building was constructed in 2012 to provide a detached two-storey self-contained office building to a high specification with air conditioning. It sits on a site of 0.75 acres comprises a little over 10,300 sq ft of built accommodation which can be split floor by floor or part floor. The offices have the benefit of VRV air conditioning, raised access flooring with 150mm clear void, suspended ceilings throughout with LG3 light fittings, an 8-person passenger lift and generous car parking.
Ashford, one of Kent's designated growth centres currently has a population of approximately 100,000 inhabitants and is set to grow substantially within the next 20 years. The town is centrally located within the county, benefitting from a fine communication network via the A20/M20 and 5 mainline railways. Ashford International Passenger Station can give direct access to Northern Continental Europe via Eurostar and London is some 38 minutes distant via HS1.
The Henwood Industrial Estate is a thriving and well-established estate housing many local and national firms.
This building was constructed in 2012 to provide a detached two-storey self-contained office building to a high specification with air conditioning. It sits on a site of 0.75 acres comprises a little over 10,300 sq ft of built accommodation which can be split floor by floor or part floor. The offices have the benefit of VRV air conditioning, raised access flooring with 150mm clear void, suspended ceilings throughout with LG3 light fittings, an 8-person passenger lift and generous car parking.
Property Facts
| Price | £2,000,000 | Sale Condition | Long Leasehold |
| Sale Type | Investment | Tenure | Long Leasehold |
| Yield | 6.50% |
| Price | £2,000,000 |
| Sale Type | Investment |
| Yield | 6.50% |
| Sale Condition | Long Leasehold |
| Tenure | Long Leasehold |
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200 Eureka Park - Ashford Kent Office
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