• Size:
    4,050 sq ft / 376 sq m
  • Usage:
    B1, B2, B8
  • Sale Type:
    For Sale
  • Rental Income:
    £24,000
  • Property Type:
    Warehouses
  • Auction:
    No
  • Development Opportunity:
    No
  • Investment Opportunity:
    No
  • Tenanted:
    Yes
  • Energy Rating:
    N/A

Warehouse (approx 4050 sq ft) plus front and rear car park which is let to Cable & Wireless as a telephone exchange. Tenants have been in occupation for 28 years and the current lease expires June 2020. The rent is £24,000 pa and it is within the L&T Act 1954. The warehouse is semi detached and the adjacent warehouse was sold approx 18 months ago and has planning consent to demolish and create 14 new build residential properties. It is thought that this building could also benefit from a planning application to demolish and redevelop to create a residential scheme similar to the one adjacent. The property is being sold unconditionally as an investment with potential to redevelop. Available freehold at £500,000.

Situated in Gordon Road, Canterbury, opposite Martyr’s Field Road. Gordon Road runs directly off Wincheap (A28) which in turn links up with Pin Hill (Canterbury Ring Road). Canterbury East Railway Station is immediately to the rear of the site.