Located within the established John Wilson Business Park Development
Within 3 miles of Whistable Town Centre
Benefits from On-Site Parking and Loading Door
Lot 49
Auction 17th October 2013
Rent £15,000 per Annum Exclusive
Status Withdrawn Post
Price
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 Whistable 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 Whistable 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 workshop/office unit over ground and first floors and benefits from a loading door and an area of land to the front used as 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 workshop/office unit over ground and first floors and benefits from a loading door and an area of land to the front used as 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/Storage Office/Workshop
139.7 sq m 139.8 sq m
(1,504 sq ft) (1,505 sq ft)
COLEMANS WORKWEAR LIMITED (1)
5 years from 21/03/2013 on a full repairing and insuring lease (2)
£15,000 (3)
20/03/2018
Totals
279.50 sq m
(3,009 sq ft)
£15,000
(1) Colemans Workwear supply workwear to both commercial and private sectors. Their vast range of clothing are from quality branded suppliers such as Fruit of the Loom, Hunters, Regatta and Snickers cover all aspects of workwear. (Source: www.colemansworkwear.com 19/08/2013) (2) The lease is subject to a schedule of condition (3) For the purposes of clarification, the tenant is currently benefiting from a concessionary rent of £7,500 p.a.x. due to expire on 20th March 2014. The seller has agreed to adjust the completion monies so that the unit will effectively produce £15,000 from completion of the sale.
