Six industrial units for sale in New Romney

This property is marketed by:
Motis Estates

Description

The property is situated to the south east of New Romney just off the A259 coastal road on the established Mountfield Industrial Estate. New Romney is located between Folkestone (13 miles to the east), Hastings (18 miles to the west) and Ashford (12 miles to the north). Junctions 10a and 11 of the M20 Motorway are approximately 11 and 9 miles respectively, providing access to the motorway network, Channel Tunnel and Dover Port

The property is a Freehold title of 6 industrial units with four units of 494 sq ft and one unit of 1,010 sq ft. Each unit requires refurbishment but does benefit from manual roller shutters, w/c's and three phase electricity. There is ample parking for the units.

Size: 2,987 sq ft

Unit 6 has been leased on a long lease expiring on 1 November 2123 at a current rent £1400 per year charged quarterly. RR due 02.11.2028 (every 10 years).

Rent: We understand the potential rental income could be in the region of £20,000 per annum once refurbished for Units 1-5.

Price: £300,000

VAT: We recommend seeking professional advice if VAT is applicable.

Energy Performance Certificate: To be confirmed

Please do not hesitate to contact, Kris Foster MRICS from Motis Chartered Surveyors in Folkestone for further details on 01303 212025.

Motis Estates for themselves and their clients give notice that: 1) They have not authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer of contract and must not be relied upon as statements or representations of fact. 2) Any areas, measurements or distances are approximate The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or any consents and Motis Estates have not tested any services, equipment or facilities. 3) Tenants must satisfy themselves by inspection or otherwise. 4) All rents and prices are quoted exclusive of VAT unless otherwise stated.

IMPORTANT NOTICE FROM MOTIS ESTATES

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.