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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
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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  • Listing ID: 34033614

  • Date on Market: 2024-11-29

  • Last Updated:

  • Address: Archbishop's Lodge, Canterbury, KEN

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