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Leigh Green Industrial Estate, Appledore Road, Tenterden, TN307DE
6,000 Sq Ft / Industrial
Withdrawn - Last updated: 18 January 2021
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.
Description
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. |
7A | Michelle McCarthy Note 1 & 4 | E/ 19.06.20 | 500 sq ft | £XXX pax | £XXX psf |
7B | Currently vacant | | 500 sq ft | £XXX pax = anticipated rent | £XXX psf anticipated rent |
7C | Maybourne & Russell Ltd Note 1 | E/ 14.02.20 | 500 sq ft | £XXX pax | £XXX psf |
7D | ABS Blinds Ltd Note 1 | E/ 30.04.22 | 500 sq ft | £XXX pax | £XXX psf |
7E & G Note 2 & 3 | Regent Wholesale Systems Ltd Note 2 | E/ 31.12.23 | 2,000 sq ft | £XXX pax | £XXX psf |
7F | Tenterden tiling Systems Ltd Note | E/ 30.12.23 Br/ 01.01.20 | 1,000 sq ft | £XXX pax | £XXX psf |
7H | Tenterden tiling Systems Ltd Note 2 | E/ 30.12.23 Tenant Brk/ 01.01.20 | 1,000 sq ft | £XXX pax | £XXX psf |
| | TOTALS = | 6,000 sq ft | £XXX pax | |
Notes
- Subject to a schedule of condition
- Fully repairing
- Subject to an upward only rent review on the 1st January 2021
- A rent deposit of £XXX is held by the landlord
Tenure & Title
The premises are freehold under the title number K583706. Please email leatherhead@hurstwarne.co.uk for title information and lease details.
Terms
Asking price 695,000 subject to contract and exclusive of VATA 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 01372 360190 (F.A.O. Nic Pocknall or Tom Boon).
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