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Boorman Way - Estuary House 4,907 sq ft Office Unit Offered at £862,500 in Whitstable CT5 3SE


Investment Highlights
- Good road connections
- Close to residential areas
- Amenities nearby
Executive Summary
The property forms part of a modern business park that includes other similar specification office buildings and good access, being adjacent to a junction onto the A299 dualled Thanet Way, which connects with the M2 at Faversham and the national motorway network.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Long Leasehold |
| Net Initial Yield | 3.48% |
| Sale Type | Investment |
| Net Initial Yield | 3.48% |
| Tenure | Long Leasehold |
Description
The property comprises the first floor within a modern two-storey office block that was built in 2008 by George Wilson Developments.
It is currently configured into two self-contained suites with their own separate entrances from the first floor landing
The accommodation in both suites provides a mixture of open plan good and private quality office space, each with an impressive fully glazed meeting room. The offices benefit from raised floors, suspended ceilings, LG3 strip lighting and air conditioning, as well as lift access and private cloakroom and kitchen facilities.
It is currently configured into two self-contained suites with their own separate entrances from the first floor landing
The accommodation in both suites provides a mixture of open plan good and private quality office space, each with an impressive fully glazed meeting room. The offices benefit from raised floors, suspended ceilings, LG3 strip lighting and air conditioning, as well as lift access and private cloakroom and kitchen facilities.
Sale Notes
For the long leasehold interest, which is for 999 years from 2008 at an annual peppercorn rent, we are instructed to seek offers in the region of £862,500.
Suite 3 may be available for purchase separately – further details are available on application
Suite 3 may be available for purchase separately – further details are available on application
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 2 & 3 | 4,907 sq ft | Office | £862,500 (£175.77/sq ft) | £30,000 |
Unit 2 & 3
| Unit Size |
| 4,907 sq ft |
| Unit Use |
| Office |
| Price |
| £862,500 (£175.77/sq ft) |
| NOI |
| £30,000 |
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Unit 2 & 3
| Unit Size | 4,907 sq ft |
| Unit Use | Office |
| Price | £862,500 (£175.77/sq ft) |
| NOI | £30,000 |
| Sale Type | Investment |
| Net Initial Yield | 3.48% |
| Tenure | Long Leasehold |
| Description | |
| The property comprises the first floor within a modern two-storey office block that was built in 2008 by George Wilson Developments.<br> <br> It is currently configured into two self-contained suites with their own separate entrances from the first floor landing<br> <br> The accommodation in both suites provides a mixture of open plan good and private quality office space, each with an impressive fully glazed meeting room. The offices benefit from raised floors, suspended ceilings, LG3 strip lighting and air conditioning, as well as lift access and private cloakroom and kitchen facilities.</li></ul> | |
| Sale Notes | |
| For the long leasehold interest, which is for 999 years from 2008 at an annual peppercorn rent, we are instructed to seek offers in the region of £862,500.<br> <br> Suite 3 may be available for purchase separately – further details are available on application</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 16,150 sq ft | Typical Floor Size | 2,500 sq ft |
| Property Type | Office (Unit) | Year Built | 2015 |
| Property Subtype | Office / Residential | Total Plot Size | 0.30 ac |
| Costar Property Class | B | Parking Allocation | 7.74/1,000 sq ft |
| Floors | 2 |
| Total Property Size | 16,150 sq ft |
| Property Type | Office (Unit) |
| Property Subtype | Office / Residential |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 2,500 sq ft |
| Year Built | 2015 |
| Total Plot Size | 0.30 ac |
| Parking Allocation | 7.74/1,000 sq ft |
Amenities
- EPC - C
- EPC - D
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Boorman Way - Estuary House
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