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£100,000

Harvey Drive, Chestfield, Whitstable

Land size
0.02 acres

Key Features

  • Fully let commercial investment
  • Long-standing tenant in occupation since 2010
  • New 3-year lease from 1st April 2026
  • Passing rent: £7,080 per annum + VAT
  • Attractive 7.08% gross yield
  • No restriction on market use (subject to planning)
  • Established and popular business park location
  • Immediate income-producing asset

Description

Investment Opportunity ? Fully Let Commercial Unit Producing 7.08% Yield

The Property - The unit extends to approximately 85.2 sq m (917 sq ft) and comprises:

Ground floor workspace/storage area
Mezzanine office accommodation

The layout is well suited to a range of uses including light industrial, storage, trade counter or office-based occupiers.

Investment Details - > Purchase Price: £100,000
> Current Rent: £7,080 per annum + VAT
> Gross Yield: 7.08%
> Lease Term: 3 years from April 2026
> Tenant Since: 2010
> Maintenance Charge: £78 per quarter

Location - Situated within John Wilson Business Park, the property benefits from:
> Direct access to the A299 Thanet Way
> Easy connectivity to the M2 motorway
> Close proximity to Ramsgate, Broadstairs and Margate
> Access to Thanet Parkway railway station and Channel ports

Business Rates - From April 2026, the Rateable Value is £9,500, broken down as:
> Ground floor: £3,806
> Mezzanine office: £5,734
Eligible occupiers may benefit from Small Business Rate Relief, subject to status.

Additional Information - > VAT applicable on the rent
> No restrictions on open market use (subject to planning)
> Ideal for investors seeking a stable, income-producing asset with a proven tenant

Summary - An excellent opportunity to acquire a fully let commercial investment within the well-established John Wilson Business Park, Ramsgate.

The property benefits from a reliable tenant who has occupied the unit since 2010, demonstrating long-term stability and consistent occupation.

A new 3-year lease has been agreed from 1st April 2026, offering immediate and secure income for an incoming investor.

With a 7.08% gross yield, this represents a strong, hands-off investment opportunity in a proven commercial location.

Property details

Tenure
Freehold
Council Tax Band
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Date Posted
2026-04-14

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Property Features

Accessibility
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Parking
Off-Street Parking
Garden
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Map Location

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Contact Manyweathers Commercial, Manston

1 Maple Leaf Business Park, Ramsgate CT12 5GD

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