SOLD

TypeIndustrial Investments · Industrial Development Land

PO19 Vinnetrow Business Park, Vinnetrow Road, Chichester

TenureFor sale

Vinnetrow Business Park, Vinnetrow Road, Chichester, PO191/9

Specification

Building size
Building size31,755sqft
Land size
Land size5.12acres
Property type
Property typeIndustrial Investments · Industrial Development Land
Tenure
TenureFor sale

Location

Freehold multi-let landscaped business park - 31,755 sqft / 2950.14 sqm with 105 car parking spaces plus an overflow car park on 5.12 acres - Offers in the region of £4,525,000, subject to contract reflecting a 9.52% net initial yield

Amenities

Freehold multi-let landscaped business park.

Attractive South East location in the County of West Sussex.

31,755 sqft / 2950.14 sqm with 105 car parking spaces plus an overflow car park on 5.12 acres.

Within the 5.12 acres

is land of 1.68 acres with future investment and development potential subject to planning.

Diverse tenant line up including the following uses; laboratory, Vets Surgery, day nursery, classic car restoration and offices.

16 tenants with established flexible uses.

Income £459,306 per annum

Opportunities to refurbish or redevelop vacant Unit 2 and capture reversion through rent reviews, regears and future lease events across the business park.

Offers in the region of £4,525,000, subject to contract reflecting a 9.52% net initial yield

Capital Value £142 per sq ft / £1538.72 per sq m

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