Archbishop's Lodge
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Archbishop's Lodge
2 Office Properties Offered at $6,218,502 CAD in Canterbury
Investment Highlights
- Situated 0.5 miles from the city centre on the east side of the road.
- 0.67 miles to Canterbury East station
- Great local amenities
Executive Summary
Let on assignment to Cambridge Arts & Sciences Limited with Cambridge Education Group Limited acting as guarantor, for a term of 15 years expiring 31st August 2033. The current rent is £262,082 per annum, which is reviewed annually on 1st September based on the RPI index, with a collar and cap of 2%-5%. The latest increase was based on the index released in June. The lease is drawn on an internal repairing and insuring basis.
Property Facts
Price | $6,218,502 CAD | Number of Properties | 2 |
Price / SF | $680.88 CAD / SF | Individually For Sale | 0 |
Cap Rate | 7.60% | Total Building Size | 9,133 SF |
Sale Type | Investment | Total Land Area | 0.37 AC |
Status | Active |
Price | $6,218,502 CAD |
Price / SF | $680.88 CAD / SF |
Cap Rate | 7.60% |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 9,133 SF |
Total Land Area | 0.37 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
57 New Dover Rd, Canterbury CT1 3DP | Office | 6,103 SF | 1890 | - |
57A New Dover Rd, Canterbury CT1 3DP | Office | 3,030 SF | 2005 | - |
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Archbishop's Lodge
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