Cooting Rd
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Cooting Rd
7,750 SF 100% Leased Industrial Building Aylesham CT3 3EP £775,000 (£100/SF) 7.58% Net Initial Yield
Investment Highlights
- Excellent road communication
- Parking spaces
- Close to Aylesham railway station
Executive Summary
Multi let across three units producing a total income of £61,000 per annum. Offers in excess of £800,000 (EIGHT HUNDRED THOUSAND POUNDS) subject to contract and exclusive of VAT. A purchase at this level will reflect a net initial yield of 7.34% and a potential reversionary yield of 8% after allowance for SDLT costs of 3.76%.
Property Facts
| Price | £775,000 | Building Class | C |
| Price Per SF | £100 | Lot Size | 0.57 AC |
| Sale Type | Investment | Rentable Building Area | 7,750 SF |
| Net Initial Yield | 7.58% | Number of Floors | 1 |
| Tenure | Freehold | Year Built | 1988 |
| Property Type | Industrial | Parking Ratio | 1.29/1,000 SF |
| Property Subtype | Warehouse |
| Price | £775,000 |
| Price Per SF | £100 |
| Sale Type | Investment |
| Net Initial Yield | 7.58% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.57 AC |
| Rentable Building Area | 7,750 SF |
| Number of Floors | 1 |
| Year Built | 1988 |
| Parking Ratio | 1.29/1,000 SF |
Amenities
- 24 Hour Access
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Cooting Rd
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