Leigh Green Industrial Estate Appledore Road, Tenterden, TN30

Key Features

• 8 self-contained industrial units

• Communal yard and car parking

• Strong industrial market

• Rental growth potential

• Rental income £45,250 pax (subject to letting of Unit 7B)

Location

Leigh Green Industrial Estate is located in Tenterden, Kent which is approximately 15 miles south-east of Tunbridge Wells which itself is approximately 15 miles south of Junction 5 of the M25 motorway.

Tenterden itself is a small town located between Ashford and Hastings on the A28. The Estate itself is located on the outskirts of town in a small industrial/business location with a number of other industrial buildings.

The estate comprises of 8 small self-contained light industrial units in two terraces. The units are constructed of steel frames under profiled steel cladding with roller shutter doors and a personnel door. The units are served by a communal yard and parking. Internally, the units benefit from fluorescent lighting and translucent roof lights and a toilet in each unit.

The estate totals approximately in area 0.3 acres.

Four of the units are side by side and 500 sq ft each, the other units are 1,000 sq ft each. Please see tenancy schedule.

Specification includes:

• Steel portal frames with profiled steel cladding.

• Up and over roller shutter doors.

• Fluorescent lighting and translucent roof lights.

• Toilet in each unit.

• Parking and communal area.

Tenure Information

9Unit Tenant Lease Exp/Break Size (GIA) Rent Per Sq. Ft.

Michelle McCarthy

Note 1 & 4

E/ 19.06.20 500 sq ft £4,500 pax £9 psf

7B Currently vacant 500 sq ft

£4,750 pax =

anticipated rent

£9.50 psf

anticipated rent

Maybourne & Russell Ltd

Note 1

E/ 14.02.20 500 sq ft £4,000 pax £8 psf

ABS Blinds Ltd

Note 1

E/ 30.04.22 500 sq ft £4,000 pax £8 psf

7E & G

Note 2 & 3

Regent Wholesale

Systems Ltd

Note 2

E/ 31.12.23 2,000 sq ft £14,000 pax £7 psf

Tenterden tiling

Systems Ltd

Note

E/ 30.12.23

Br/ 01.01.20

1,000 sq ft £7,000 pax £7 psf

Tenterden tiling

Systems Ltd

Note 2

E/ 30.12.23

Tenant Brk/

01.01.20

1,000 sq ft £7,000 pax £7 psf

TOTALS =

6,000 sq ft £45,250 pax

Notes

1. Subject to a schedule of condition

2. Fully repairing

3. Subject to an upward only rent review on the 1st January 2021

4. A rent deposit of £1,125 is held by the landlord

Tenure & Title

The premises are freehold under the title number K583706. Please email for title information and lease details.

Terms

Asking price £695,000 subject to contract and exclusive of VAT A purchase at this level reflects an attractive gross yield of 6.5%, subject to the letting of Unit 7B.

Viewing and Further Information

Please contact the sole selling agents, namely Hurst Warne on (F.A.O. Nic Pocknall or Tom Boon).

Property Type Warehouse & Industrial, Investment Property

Tenure For Sale

Size 6,000 sq ft

Freehold Price £695,000

Energy Performance Rating Upon enquiry