George Summers Clos - Service CONDO FOR SALE


Rochester, KEN ME2 4EL
$415,000 USD
George Summers Clos, Rochester, KEN for Sale
$415,000 USD
Service CONDO - FOR SALE
1/7
null | 6.08% Cap Rate

George Summers Clos
Rochester, KEN ME2 4EL


HIGHLIGHTS

  • Good road connections
  • Amenities nearby
  • North of Rochester City

OVERVIEW

To be sold as an investment sale with the current tenant on the following lease terms. Tenant: Eurocell Building Plastics Ltd Rent passing: £24,000 per annum Term: 5.5 year lease, from 1st August 2020 (expires 31st January 2026) Rent Review: None Break Options: 1st February 2024, subject to 6 months' notice period (tenant only) Repair: Full Repairing and Insuring Lease (FRI) Permitted Use: the display, storage and trade counter sales of building plastics and / or any use within Use Class B1 or B8 Security of Tenure Provisions: Assumed Inclusion of Section 24-28 Landlord & Tenant Act (1954)

FOR SALE DETAILS

PRICE

$415,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

6.08%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

8,963 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

-

APN/PARCEL ID

K892992,K975242

ASK ABOUT THIS PROPERTY

Richard TurnillWatson Day Chartered SurveyorsMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Richard TurnillWatson Day Chartered SurveyorsMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.