TypeIndustrial Investments · Industrial Development Land
TenureFor sale
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
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