Property for sale
Property description & features
- Tenure: Freehold
This is a commercial building with a yard and parking for up to nine vehicles.
Including SEKPL that owns this building, there are three other companies/businesses operating from the premises, all on a three year business lease.
Genie Homes Limited
£750 PCM
Tintagel Homes Limited
£750 PCM
CJ Management
£300 PCM
Upon the sale of the premises, SEKPL will become a tenant and commence a three-year lease
£825 PCM
Total monthly rent upon sale of the property:
£2,625 PCM
In total
£2,625 PCM
£31,500 per annum.
Apart from the new owner insuring the property, the above-stated total rental income is a nett figure, as all running costs, utilities and maintenance costs are covered by the tenants on a proportionate basis as detailed in their business lease.
Location
This unit is on a small industrial estate in Sandgate Folkestone. The closest train station, Folkestone west, is a 20 minute walk and only a couple of minutes drive from the M20 and A20.
Tenure
Freehold
Tenancy
Genie Homes Limited
£750 PCM
Tintagel Homes Limited
£750 PCM
CJ Management
£300 PCM
Upon the sale of the premises, SEKPL will become a tenant and commence a three-year lease
£825 PCM
Total monthly rent upon sale of the property:
£2,625 PCM
In total
£2,625 PCM
£31,500 per annum.
Apart from the new owner insuring the property, the above-stated total rental income is a nett figure, as all running costs, utilities and maintenance costs are covered by the tenants on a proportionate basis as detailed in their business lease.
Places of interest
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Property reference 269322. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Landmark Auctions - Middlesex.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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