Mill St - Office FOR SALE


East Malling, KEN ME19 6BU
$900,000 USD
173-244-6767
Mill St, East Malling, KEN for Sale
$900,000 USD
Office - FOR SALE
1/18
null | Request Cap Rate

Mill St
East Malling, KEN ME19 6BU


HIGHLIGHTS

  • Office Investment For Sale
  • Producing £77,235 per annum
  • Semi-rural but accessible location
  • £900,000 reflecting a 8.58% ARY
  • Attractive Oast conversion
  • Picturesque setting on the Mill Pond
  • 5 Minutes walk from East Malling station

OVERVIEW

Price Offers in the Region of £900,000. To purchase the Freehold subject to the occupational tenancies. Investment Summary The Ground Floor Offices (Unit 1) are let to HML PM Ltd who currently occupy the ground floor on a 6 year lease expiring 13th August 2026 at a passing rent of £32,235 per annum. The First Floor Offices (Unit 2) is let to Athlin Limited on a 6 year lease, expiring 11th April 2029 at a rent of £45,000 per annum. Further details are available upon request.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$242 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mill Court Oast

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,646 SF

ZONING

-

APN/PARCEL ID

K343653

ASK ABOUT THIS PROPERTY

Phil HubbardSibley Pares Chartered SurveyorsMore Info
173-244-6767

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

Phil HubbardSibley Pares Chartered SurveyorsMore Info
173-244-6767

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