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£1,650,000
Travis Perkins, Marshwood Close, Canterbury
Travis Perkins Marshwood Close, Canterbury, Kent, CT1 1DXKEY FEATURES
0.99 acres
AT A GLANCE
Modern trade counter/warehouse investment let to Travis Perkins.DESCRIPTION
DESCRIPTION
The property comprises a modern single storey warehouse of steel frame construction having an eaves height of around 6.8m (22’3”). It has brick and profile steel sheet elevations with a pitched roof having insulated profile sheeting with translucent panels.
The building has a power floated concrete floor, 7 full height loading doors and a showroom, office and staff area at one end of the building with a steel mezzanine floor over part.
Externally the property has a large surfaced gated and fenced yard having an area of around 0.401 hectares (0.99 acres) which provides customer and staff parking and external storage/display of materials.
TENANCIES
The property is let to Travis Perkins Trading Company Limited on a Full Repairing & Insuring Lease for 10 years from 20 September 2017. The lease contains a tenant only option to break and an upwards only rent review at September 2022 (neither of which have been implemented).
TENANT INFORMATION
Travis Perkins Trading Company Limited (no. 00733503) is a wholly owned subsidiary of Travis Perkins plc.
METHOD OF SALE
The freehold interest in the property is offered for sale on an unconditional basis subject to the existing tenancy.
Please see brochure for full details.