SOLD

TypeIndustrial Investments

TN24 Kenhire Premises, Henwood Industrial Estate, Ashford

TenureFor sale

Kenhire Premises, Henwood Industrial Estate, Ashford, TN241/13

Specification

Building size
Building size11,250sqft
Land size
Land size0.82acres
Property type
Property typeIndustrial Investments
Tenure
TenureFor sale

Description

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%

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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