SOLD

TypeIndustrial Investments

ME14 Unit 1 Viewpoint, Boxley Road, Maidstone

TenureFor sale

Unit 1 Viewpoint, Boxley Road, Maidstone, ME141/8

Specification

Building size
Building size7,798sqft
Property type
Property typeIndustrial Investments
Tenure
TenureFor sale

Description

FREEHOLD INDUSTRIAL INVESTMENT ----

---- CURRENTLY LET AT £76,600 PER ANNUM

GUIDE PRICE £1,100,000 REFLECTS A 6.96% ARY

Excellently situated for access to the M20 at Junction 7 Warehouse/Industrial space with office accommodation fully let to two tenants until 23rd April 2028 with potential for rental growth. The ground floor has been let to an established plc company. The first floor office mezzanine has been let out separately on a Lease, Outside the Landlord & Tenant Act, expiring at the same time as the ground floor lease allowing to for flexibility to re-structure at the expiry of the Leases.

Location

Viewpoint forms a popular and well established Industrial Estate of 14 units located just off the M20 motorway from either Junctions 6 (1.4 miles) or 7 (0.8 miles) these modern units occupy a prominent frontage to the Boxley Road being also visible from the M20 Motorway.

The property is within walking distance of the neighbourhood shopping parade at Penenden Heath but also within 1.5 miles of Maidstone Town Centre.

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