Summary - Unit 181,John Wilson Business Park,Harvey Drive,Chestfield,WHITSTABLE,CT5 3RB CT5 3RB
1 bed 1 bath Light Industrial
Secure 7.91% gross yield with tenant in place and VAT-exempt purchase structure.
- Freehold light-industrial unit, 1,365 sq ft total
- Tenant in place until 1 September 2029 (licence)
- Gross yield approximately 7.91% at asking price
- VAT-exempt sale reduces acquisition costs
- 5m eaves, large roller shutter and mezzanine floor
- EPC rating B; three-phase electricity and WC/kitchen
- Quarterly service charge £78 + VAT; small plot
- Buyer to confirm business rates and occupancy class
A secure, income-producing freehold unit on John Wilson Business Park, offering immediate rental income and an attractive gross yield of 7.91%. The property comprises 1,015 sq ft ground-floor warehouse plus a 350 sq ft mezzanine, with 5m eaves, large roller shutter, personal doors and three-phase electrics — well suited to light industrial, storage or small workshop uses.
The unit is let under a licence to 1 September 2029, providing predictable cashflow for investors who want low-management, hands-off income. The sale is VAT-exempt, improving cost efficiency, and the building benefits from an EPC rating of B, allocated staff parking and mains services connected.
Buyers should note the tenancy is a licence rather than a long lease, so occupancy security ends on the licence expiry date. A quarterly maintenance service charge of £78 plus VAT applies and purchasers must verify business rates liability (VOA rateable value £10,750). The plot is small and the unit sits within a terraced business park environment rather than a standalone yard.
Overall this is a practical, well-specified freehold for investors seeking a compact industrial asset with strong yield and good road connectivity to the A299, M2 and wider Kent transport links. Balance the attractive return and VAT position with the licence expiry timing and modest service charge when assessing hold strategy.
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