Freehold Property to buy in Dover

Key points

• Dover is a major commercial centre in south east Kent and Europe’s busiest ferry port;
• The town has a captive catchment population of 65,100 within a 15-minute drive time, increasing to 159,800 within 20-minutes;
• The Whitfield urban extension to the north of Dover is currently in progress, and is due to deliver approximately 5,750 new homes;
• Recently refurbished, purpose-built retail warehouse split into two units extending to 14,912 sq ft GIA with 60 car parking spaces;
• Prominently situated on a corner position fronting Bridge Street, immediately north of Dover town centre and adjacent to Castleton Retail Park and Morrisons foodstore;
• Fully let to Pure Gym Limited and CVS (UK) Limited;
• Current passing rent of £200,000 per annum, reflecting a low average rent of £13.41 per sq ft;
• Weighted average unexpired lease term of 14.2 years (9.2 years to break);
• Freehold. 1.05 acre site.