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Vacant possession logistics opportunity

Royal Tunbridge Wells, United Kingdom

58%

£23.830.000

Industrial

#34775

Core+

2 Nov 2024

Property Details

Broker

For sale

197,276 sq.ft.

18,327 m²

Leasable area

120.80 £/sq.ft.

1,300 £/m²

0

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.40 %

Investment Overview

Vacant possession logistics opportunity with significant asset management potential. Detached distribution & logistics warehouse extending to 197,276 sq ft (18,328 sq m). Strategically located in Tunbridge Wells, Kent providing immediate access to both the A21 and A26 leading to the M25 and M20 respectively. The site extends to 9.85 acres (3.98 hectares) reflecting a site density of 46%. Full vacant possession will be available in December 2024. Prime quoting rents in Kent are now in excess of £13.00 per sq ft. The subject property comprises a single portal frame logistics warehouse with a two-storey ancillary brick build office to the front elevation.