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Aylesford Logistics Centre, Bellingham Way, Aylesford, ME206XS

72,427 Sq Ft / Industrial

Withdrawn - Last updated: 14 September 2020

Situated in a key south east industrial / distribution location served by Junction 4 of the M20 Motorway and 14 miles east of Junctions 3 and 5 of theM25 Motorway.
The property is situated in the heart of New Hythe Business Park occupying a prominent location fronting Bellingham Way.
Modern self-contained detached warehouse totalling 72,427 ft (6,729 m) on a site extending to 3.7 acres (1.5 hectares), providing a low site density of45%.
Built in 1998 to an excellent specification to include 9m eaves (rising to 10.3m), 6 dock level loading doors, 4 level access loading doors, a secure yard to a depth of 35m and dedicated car parking with approximately 100 spaces.
Let to Stapletons (Tyre Services) Limited, on a new 15 year lease commencing 21 November 2013, with a break at year 10.
Passing rent of 441,805 per annum (6.10 psf) subject to a fixed rental uplift in 2018.
Stapletons (Tyre Services) Limited is the UKs number one wholesale and retail supplier of tyres across the UK with a turnover of 342,447,000, pre-tax profi t of 7,075,000 and shareholders funds of 35,309,000 for the year ending March 2013.
Minimal risk of capital expenditure required in the short term with the property recently substantially refurbished.
Strong occupier demand as evidenced by a national company occupying the unit with a limited void period.
Freehold.

Location

Aylesford Logistics Centre, Bellingham Way, Aylesford , ME206XS, Kent, South East


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