Unit 177, John Wilson Business Park Thanet Way Whitstable Kent CT5 3QZ

  • Unit 177, John Wilson Business Park<br>Thanet Way<br>Whitstable<br>Kent<br>CT5 3QZ

Unit 177, John Wilson Business Park
Thanet Way
Whitstable
Kent
CT5 3QZ

Freehold Industrial Investment

  • Entirely let to Mediterranean Direct Limited
  • Located within the established John Wilson Business Park Development
  • Within 3 miles of Whitstable Town Centre
  • Benefits from On-Site Parking and Loading Door
  • Lot
    46
  • Auction
    17th October 2013
  • Rent
    £10,550 per Annum Exclusive
  • Status
    Sold
  • Price
    £95,000
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    Mayfair
    London W1K 2HP
  • On the Instructions of Major Fund Managers
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Freehold Industrial Investment

  • Entirely let to Mediterranean Direct Limited
  • Located within the established John Wilson Business Park Development
  • Within 3 miles of Whitstable Town Centre
  • Benefits from On-Site Parking and Loading Door
  • Lot 46
  • Auction 17th October 2013
  • Rent £10,550 per Annum Exclusive
  • Status Sold
  • Price £95,000
  • Sector
    Industrial, Warehouse
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    Mayfair
    London W1K 2HP
  • On the Instructions of Major Fund Managers

Property Information

Location
Miles
7 miles north of Canterbury, 29 miles east of Maidstone, 63 miles south-east of Central London
Roads
A299, M2
Rail
Chestfield & Swalecliffe
Air
London Southend Airport
Situation

The property is situated within the established John Wilson Business Park, some 3 miles south-east of Whitstable town centre. The property benefits from good communication links being a short distance from Thanet Way (A2990) providing access to the A299 which connects with the M2 motorway.

Tenure

Freehold.

Location
Miles
7 miles north of Canterbury, 29 miles east of Maidstone, 63 miles south-east of Central London
Roads
A299, M2
Rail
Chestfield & Swalecliffe
Air
London Southend Airport
Situation

The property is situated within the established John Wilson Business Park, some 3 miles south-east of Whitstable town centre. The property benefits from good communication links being a short distance from Thanet Way (A2990) providing access to the A299 which connects with the M2 motorway.

Tenure

Freehold.

Description

The property comprises a ground floor workshop with first floor office and storage accommodation. The property benefits from a loading door and an area to the front used as car parking.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor workshop with first floor office and storage accommodation. The property benefits from a loading door and an area to the front used as car parking.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Ground
First
Workshop
Office/Storage
90.80 sq m
87.50 sq m
(977 sq ft)
(942 sq ft)
MEDITERRANEAN DIRECT LIMITED (1) 5 years from 09/03/2013 on a full repairing and insuring lease (2) (3) £10,550 08/03/2018
Totals  
178.30 sq m
(1,919 sq ft)
    £10,550

(1) Based in Whitstable, Kent, and Bologna, Italy, Mediterranean Direct Ltd is a company specialising in the import and distribution of high quality, artisan produced Italian food and wine with a range of over 500 products. (Source: www.mediterraneandirect.co.uk 18/09/2013)
(2) The lease is subject to a schedule of condition.
(3) The lease provides a tenant option to break on the third anniversary of the term subject to 6 months notice.

Contacts

Seller's Solicitors
Addleshaw Goddard LLP
James Minshull 0161 934 6644james.minshull@addleshawgoddard.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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