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Church Farm Collier St 12,579 sq ft 100% Let Industrial Property Tonbridge TN12 9RR £1,750,000 (£139.12/sq ft) 9.09% Net Initial Yield
Investment Highlights
- Multi Let Workshop and Open Storage Investment For Sale
Executive Summary
Terms
Let to various tenants with a total income of £159,120 pa. For Sale Freehold at Offers Over £1.75 million, No vat, subject to contract. (9% gross). Tenancy schedule available upon request.
A planning application is being submitted to Maidstone Borough Council for 2 additional units on the site totaling circa 2,370 sqft. The yards areas have a number of containers and covered.
Let to various tenants with a total income of £159,120 pa. For Sale Freehold at Offers Over £1.75 million, No vat, subject to contract. (9% gross). Tenancy schedule available upon request.
A planning application is being submitted to Maidstone Borough Council for 2 additional units on the site totaling circa 2,370 sqft. The yards areas have a number of containers and covered.
Property Facts
| Price | £1,750,000 | Costar Property Class | C |
| Price per sq ft | £139.12 | Total Plot Size | 0.97 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 12,579 sq ft |
| Yield | 9.09% | No. Floors | 1 |
| Tenure | Freehold | Year Built | 2002 |
| Property Type | Industrial | Parking Allocation | 10/1,000 sq ft |
| Property Subtype | Service | Eaves Height | 5 ft (1.52 m) |
| Price | £1,750,000 |
| Price per sq ft | £139.12 |
| Sale Type | Investment |
| Yield | 9.09% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Service |
| Costar Property Class | C |
| Total Plot Size | 0.97 ac |
| Net Internal Area (NIA) | 12,579 sq ft |
| No. Floors | 1 |
| Year Built | 2002 |
| Parking Allocation | 10/1,000 sq ft |
| Eaves Height | 5 ft (1.52 m) |
Amenities
- Signage
- Storage Space
- Smoke Detector
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Church Farm | Collier St
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