Claygate Distribution Ltd, Marden TN12 9QT
Modern purpose built HQ logistics facility, with a further modern high bay warehouse & two business units totalling 148,811 sq ft GIA of Grade A accommodation.
Strategic South East logistics location in Marden c. 8 miles south of Maidstone and 45 miles south east of central London with excellent access to key motorway junctions, the railway network and Kent based ports.
7.89 acres site area and site coverage of 32%.
The property will be let to Claygate Distribution Limited (D&B4A1) on a new 20 year FRI lease subject to a tenants only break clause at the 15th year at a rent of £910,000 p.a. reflecting a low rent of £6.12 psf overall.
The rent will be subject to 5 yearly upward only rent reviews, linked to RPI capped and collared between 1-4% pa compounded.
Offers are sought in excess of £17,075,000 (Seventeen Million and Seventy Five Thousand Pounds) subject to contract and exclusive of VAT equating to a low capital value of £115 psf overall.