OYO Business Units, Littlehampton, is a high quality scheme of 18 Industrial/Warehouse units, on a self-contained site that is fully secured with security fencing and gates. The units are available either For Sale or To Let.
Location
The site is situated opposite the new Build Center building, on Arndale Road within the Lineside Industrial Estate which is located on the west side of Littlehampton. Littlehampton town centre is approximately 1 mile to the east whilst the A27 south coast trunk road is approximately 4 miles to the north and provides quick access to the A3(M) in the west and the M23 in the east, 25 and 33 miles away respectively. Littlehampton is situated approximately 24 miles to the west of Brighton and 14 miles to the east of Chichester.
Accommodation
Unit J – Floor Area 1,252 sq ft (116 sq m) – 2 car parking spaces
(All floor areas are based on approximate gross external measurements taken on site)
Terms
The unit is available either freehold or leasehold.
Freehold Price is £140,000 + VAT for each unit
Leasehold is for a term of 3 or 5 years outside the security of tenure provisions of the Landlord & Tenant Act 1954 Part II as amended.
Leasehold rent is £9,XXXax. Rent is exclusive of VAT, non-domestic rates, estate service charges and insurance. The rent is payable quarterly in advance on the usual quarter days in each calendar year (25th March, 24th June, 29th September and 25th December). A security deposit may be required depending on the financial covenant of the proposed tenant.
The estate service charge budget for 2015 is £12,000 (including insurance of the common areas), which is unchanged since 2012, of which Unit J is responsible for 3.13% which equates to £375.60 (+ VAT) . The estate service charge advance sum is payable in four equal instalments on 1st January, 1st April, 1st July and 1st October in each calendar year.
All units benefit from Detailed Planning Permission for B1/B2/B8 Use Classes. Mezzanine floors can be installed without the need for further planning consent.
Specification
- 1,252 sq.ft. (116m2) “Shell” industrial/warehouse unit, with fitted accessible WC
- 5m clear internal height to underside of haunch
- 20kN per sq.m. reinforced concrete warehouse floor
- 4m high x 3m wide electrically operated sectional overhead loading door
- 9m yard depth
- 2 car parking spaces per unit