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Offers in excess of
£3,000,000 | 8,966 sq ft

Property for sale

Canterbury CT1
Property
8,966 sq ft / 833 sq m
Added > 14 days

Features and description

  • Tenure: Freehold
Location and Situation:
12 New Dover Road is situated approximately 0.4 miles from the city and is on the west side of the road and is adjacent to the New Dover Road Surgery.
New Dover Road comprises a mix of residential and student accommodation together with educational facilities, with this accommodation associated with
Worthgate School campus. The nearby Worthgate School campus provides the main teaching facility of the school and comprises of laboratory space, classrooms as well as staff room, library and administrative office space.

Description:
Ersham Lodge was previously used as an B&B Guesthouse and has undergone a comprehensive redevelopment to provide modern student accommodation.
The property is arranged over the ground, first and second floors and extends to an approximate total of 8,966 sq ft.

Tenancy:
Let on assignment to Cambridge Arts & Sciences Limited with Cambridge Education Group Limited acting as guarantor, for a term of 15 years expiring 27th February 2034. The current rent is £223,266 per annum, which is reviewed annually on the 28th February, based on the RPI index, with a collar and cap of 2%-5%. The lease is drawn on an internal and insuring basis.

Tenure:
This property is held on one freehold title.

Property information from this agent

About this agent

Fisher German - London Commercial
Fisher German - London Commercial
21 Ironmonger Lane London EC2V 8EY
020 8033 9261
Full profileProperty listings
Fisher German was founded in 2000, although the founding firms have a history dating back 200 years. Since then we have grown at an impressive rate and now have national reach with a network of offices. This evolution keeps us at the forefront of the market and makes us a go-to specialist for land and property. Our national network comprises teams of specialists who have the skills, experience, and expertise to help clients meet their strategic, financial, and operational goals. We offer an unrivalled breadth of expertise across land and property services in the UK and our local knowledge allows us to operate a localised approach to deliver a wide range of integrated chartered surveying, planning, consultancy and estate agency services on a national basis. We are in the privileged position to work across the full property spectrum and influence a wide range of environmental and social policy issues. 
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