TO LET – DUE TO RELOCATIONMODERN, PURPOSE BUILT VEHICLE DEALERSHIPSTOUR VALLEY BUSINESS PARK, ASHFORD ROAD, CHARTHAM, CANTERBURY, CT4 7HF

STOUR VALLEY BUSINESS PARK, ASHFORD ROAD, CHARTHAM, CANTERBURY, CT4 7HF

LOCATION

The property is situated on the Stour Valley Business Park, immediately fronting the A28, Ashford Road to the south west of Canterbury City Centre. The property lies adjacent to Blue Diamond Garden Centre and is directly opposite the newly constructed Lipscomb Volvo as well as FG Barnes SEAT and MG dealership. Also within the area is Choose Leisure motorhome dealership and a childs indoor play centre.

The A28 heads in a north easterly direction linking to the A2 dual carriageway and onto Canterbury city centreapproximately 3 miles distant. It heads in a south westerly direction linking with the M20 Motorway and Ashford.

DESCRIPTION

The property comprises a purpose built franchised vehicle dealership facility constructed in 2000.

It provides extensive customer demarked parking areas towards the front of the dealership within the car park shared with the adjacent garden centre. Also towards the front and either side of the dealership there are areas for used car display whilst towards the rear there is an extensive compound providing staff and aftersales parking.

Internally the property is finished to a good standard reflecting the current Audi franchise and provides a 6 car showroom together with customer reception and waiting areas and sales offices. Towards the rear of the building is a fully fitted workshop, parts department, wet and dry valet bays. At first floor level there are further offices and staff accommodation.

SUMMARY

• Modern, purpose built vehicle dealership facility

• Prominently situated adjacent to A28, Ashford Road, Canterbury

• Located directly opposite Volvo, SEAT and MG

• The property extends to approximately 11,349 sq ft (1,054.4 sq m) with circa 180 parking and display

spaces.

STOUR VALLEY BUSINESS PARK, ASHFORD ROAD, CHARTHAM, CANTERBURY, CT4 7HF

SITE AREA

The site extends to approximately 1.34 Acres (0.543 ha) as scaled from the attached O/S plan.

TENURE

The property is held on a 25 year full repairing and insuring lease from February 2000 at a current rent of £188,147 per annum with a review due in February 2020. The parking area to the front of the building within the garden centre car park is held on a separate coterminous lease at a passing rent of £25,565 per annum.

Following discussions with the landlord there may be a possibility for the grant of a longer lease, subject to terms.

RATING

The unit is assessed for Business Rates purposes as follows:

Description: Car Showroom and Premises

Rateable Value: £111,000

Name: Anthony KeohaneTel: 0207 487 1672Email: Anthony.keohane@colliers.com

Name: Mitchell KnealeTel: 0117 917 2014Email: Mitchell.kneale@colliers.com

FURTHER INFORMATION

This matter is private & confidential. Please do not approach any staff. The property will become available upon completion of Motorline’s new Audi dealership in mid 2020.

All viewings and enquiries must be made via the sole agents of the property. Please contact:

ACCOMMODATION

Area Description Sq m Sq Ft

Ground Floor ShowroomWorkshop AncillaryLobbiesParts

2803461505679

3,0143,7251,616610860

Valet Bay Valet Bay 56 603

First Floor Offices 85 921

TOTAL 1,054 11,349

EPC

The property has an EPC rating of D-79. A copy of the certificate can be provided on request.

ENVIRONMENTAL

Prospective parties will need to undertake their own investigations to satisfy themselves on environmental issues.

LEGAL COSTS

Each party is to be responsible for their own legal and

professional fees in connection with this transaction.

PLANT AND EQUIPMENT

Available by separate negotiations. A schedule of fixtures and fittings can be available upon request.

VAT

All figures quoted are exclusive of value added tax, which is to be charged at the prevailing rate.

Disclaimer:Colliers international gives notice that these particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending purchasers, lessees or third party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person employed or engaged by colliers international has any authority to make any representation or warranty whatsoever in relation to this property. Colliers International is the licensed trading name of Colliers International Property Consultants Limited which is a limited liability partnership registered in England and wales with registered number OC385143. Our registered office is at 50 George Street, London W1U 7GA. Subject to contract, October 2019.