26 Hollingworth Court Ashford Road, Maidstone ME14 5PP Tel: 01622 234886 RETAIL INVESTMENT Email: [email protected] OPPORTUNITY - FOR SALE
10-14 Kestrel Road, Chatham, Excellent trading position Ideal SIPP investment Kent, ME5 8TH Initial rent income of £28,000 per annum, rising to £30,000 4,408 sq ft (410 sq m) per annum.
Offices at Gravesend, Gillingham, Maidstone and Canterbury
01622 234886 www.caxtons.com
Location/Description Located in the heart of the Kestrel Shopping Centre in Lordswood. An investment opportunity to purchase the long leasehold interest of four retail units.
Accommodation Unit 10-12: Lordswood Dance Centre Ltd took a 5 year FRI under-lease commencing 6 December 2019 which produces an annual rent of £21,000. Full lease terms available upon request. Hall 275.99 m2 Store 10.86 m2 Office 11.97 m2 Kitchen 10.02 m2 Changing room 26.89 m2 WCs Total 335.73 m2 (3,614 sq ft)
Unit 14: TUTU Ltd have taken a new 3 year lease from 10th June 2021 on the basis of the following rent agreement: Year 1- £7,000 p.a. Year 2 -£8,000 p.a.. Year 3 - £9,000 p.a. Full lease terms available upon request. Ground floor sales 61.09 m2 Internal storage 12.65 m2 Total 73.74 m2 (794 sq ft) Please note that as we have not measured we cannot confirm the accuracy of these areas and interested parties should therefore satisfy themselves that they are accurate. Viewing By appointment, please contact: Tenure James Squire We are instructed to seek offers in excess of £280,000 (Two Hundred and Eighty [email protected] Thousand Pounds) for the long leasehold interest, subject to contract.
Rates/Planning The prospective tenant should make their own enquiries with the local authority to establish whether or not their proposed use is acceptable. For more information on Business Rates, please visit Gov.UK.
Legal Costs Each party is to be responsible for their own legal costs.
EPC Unit 10-14: C-55 A copy of the certificate is available upon request.
Caxtons for themselves and for vendors or lessors of this property whose agents they are, give notice that; 1. The particulars are set out as a general outline for the guidance of intended purchasers or lessors, and do not constitute, nor constitute part of, an offer or contract. 2. The reference to any plant, machinery, equipment, services, fixtures or fittings at the property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective purchasers/tenants should satisfy themselves as to the fitness of such items for their requirements. 3. No Person in the employment of Caxtons has any authority to make or give representation or warranty whatsoever in relation to this property. 4. All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchaser or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each item. Where applicable all figures quoted are exclusive of VAT. CAXTONS COMMERCIAL LIMITED Chartered Surveyors and Property Consultants. Registered office: James Pilcher House, 49/50 Windmill Street, Gravesend, Kent, DA121BG. Registered Number: 2492795
Offices at Gravesend, Gillingham, Maidstone and Canterbury 26 Hollingworth Court Ashford Road, Maidstone ME14 5PP Tel: 01622 234886 RETAIL INVESTMENT Email: [email protected] OPPORTUNITY - FOR SALE
10-14 Kestrel Road, Chatham, Excellent trading position Ideal SIPP investment Kent, ME5 8TH Initial rent income of £28,000 per annum, rising to £30,000 4,408 sq ft (410 sq m) per annum.
Offices at Gravesend, Gillingham, Maidstone and Canterbury
01622 234886 www.caxtons.com
Location/Description Located in the heart of the Kestrel Shopping Centre in Lordswood. An investment opportunity to purchase the long leasehold interest of four retail units.
Accommodation Unit 10-12: Lordswood Dance Centre Ltd took a 5 year FRI under-lease commencing 6 December 2019 which produces an annual rent of £21,000. Full lease terms available upon request. Hall 275.99 m2 Store 10.86 m2 Office 11.97 m2 Kitchen 10.02 m2 Changing room 26.89 m2 WCs Total 335.73 m2 (3,614 sq ft)
Unit 14: TUTU Ltd have taken a new 3 year lease from 10th June 2021 on the basis of the following rent agreement: Year 1- £7,000 p.a. Year 2 -£8,000 p.a.. Year 3 - £9,000 p.a. Full lease terms available upon request. Ground floor sales 61.09 m2 Internal storage 12.65 m2 Total 73.74 m2 (794 sq ft) Please note that as we have not measured we cannot confirm the accuracy of these areas and interested parties should therefore satisfy themselves that they are accurate. Viewing By appointment, please contact: Tenure James Squire We are instructed to seek offers in excess of £280,000 (Two Hundred and Eighty [email protected] Thousand Pounds) for the long leasehold interest, subject to contract.
Rates/Planning The prospective tenant should make their own enquiries with the local authority to establish whether or not their proposed use is acceptable. For more information on Business Rates, please visit Gov.UK.
Legal Costs Each party is to be responsible for their own legal costs.
EPC Unit 10-14: C-55 A copy of the certificate is available upon request.
Caxtons for themselves and for vendors or lessors of this property whose agents they are, give notice that; 1. The particulars are set out as a general outline for the guidance of intended purchasers or lessors, and do not constitute, nor constitute part of, an offer or contract. 2. The reference to any plant, machinery, equipment, services, fixtures or fittings at the property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective purchasers/tenants should satisfy themselves as to the fitness of such items for their requirements. 3. No Person in the employment of Caxtons has any authority to make or give representation or warranty whatsoever in relation to this property. 4. All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchaser or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each item. Where applicable all figures quoted are exclusive of VAT. CAXTONS COMMERCIAL LIMITED Chartered Surveyors and Property Consultants. Registered office: James Pilcher House, 49/50 Windmill Street, Gravesend, Kent, DA121BG. Registered Number: 2492795
Offices at Gravesend, Gillingham, Maidstone and Canterbury