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Kenhire Premises
Henwood Industrial Estate, Ashford, Kent, TN24 8DX

11,250 Sq Ft

Garages Industrial / Warehouse Investment - Commercial Motor Trade

For Sale: £1,450,000 GUIDE PRICE

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Brochure

Property Details

Rare Industrial Investment Opportunity

Occupied by Kenhire Limited at a Combined Rent of £112,500 per annum (exc)

Hugely Popular Ashford Business - Trading Since 1949

Guide Price of £1.45m - Reflecting an Initial Gross Yield of 7.76%

0.82 Acre Site - Site Cover Ratio of 28%

Business Unaffected

The property comprises a detached industrial/ workshop building of steel frame construction, having brick and block elevations beneath a mix of flat and pitched roofs, constructed in 1973. It has since been adapted and extended over time to create a vehicle workshop complex.

The buildings are all adjoining and interconnecting arranged a reception and offices to the front with workshops, vehicle spray booth, Bodyshop and associated buildings to the side and rear.

The property is finished to a good modern standard. The offices are constructed to an air conditioned (heating and cooling) specification, having a suspended ceiling incorporating modern lighting, perimeter trunking incorporating power and data and carpeted flooring.

The workshops are finished to an equally modern specification having painted concrete floors, modern lighting and access via several sliding concertina loading doors.

The built property sits on a total site area of approx. 0.82 acres (0.332 hectares), being a site cover ration of around 28%.

Location

The property is located towards the front of Henwood Industrial Estate, around half a mile from Ashford Town Centre, being an established and popular trading estate containing a mix of industrial/ warehouse units and modern office buildings.

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