1 & 2 Byre House, Maynard Road, Canterbury

The property comprises a single storey trade counter unit constructed in the 1970s and then modernised and extended around 25 years ago. It has a concrete frame with brick, profile steel sheet and glazed elevations and a pitched roof having an insulated composite panelled roof incorporating translucent panels.

LOCATION
Canterbury is around 60 miles south east of London, having excellent road connections with the A2 and A28 linking with the M2 and M20 motorways respectively. It has two stations offering regular rail services, including High Speed connections to London St Pancras (55 mins).

The city has a catchment population of approximately 144,000 and is one of Kent’s premier retail centres with a comprehensive mix of national retailers and restaurants. It is a popular tourist destination and an important educational hub in Kent, with four universities having a combined student population of over 46,000.

The property is located on the popular Wincheap Estate just off the A28, one of the main routes for access to Canterbury. It is close to the city centre and Canterbury East train station.

The Wincheap Estate has attracted a number of well-known retail and trade occupiers including MKM Building Supplies, Go Outdoors, Toolstation, Screwfix, Brewers, Howdens Joinery, Easy Bathrooms, Topps Tiles and American Golf.

PROPOSITION & TERMS
The long-leasehold interest in the property is offered for sale on an unconditional basis subject to the existing tenancy.

We are instructed to seek unconditional offers in excess of £380,000.

A purchase at this level will provide a potential net initial yield of around 7.39% and around £90 per square foot.

Please see attached property particulars for full details.

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For Sale

Offers In Excess Of £380,000

4116 square feet

Investment for sale, let to CTD Tiles Ltd at a rent of £35,000 pa

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