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SPX Building, Unit 3 Wheatstone Close, Crawley, RH10 9UA
not specified / Industrial
Withdrawn - Last updated: 21 July 2024
· Prominently located industrial / warehouse building extending to 1,982 sq m (21,336 sq ft)
· Located in close proximity to the established employment areas of Manor Royal and Gatwick Airport
· Junction 10 of the M23 Motorway located only 1.5 km (0.9 miles) to the south east of the property
· Let to City Link Property (Holdings) Ltd (with a guarantee from City Link Ltd) for a further 5.4 years at a rent of £148,000 per annum reflecting a low rent of £6.94 per sq ft overall
· City Link Ltd provides a Dun and Bradstreet rating of 4A2, representing a lower than average risk of business failure
· SPX Flow Technology Crawley Ltd offers a Dun and Bradstreet rating of 3A2, representing a lower than average risk of business failure.
· Entire property sub-let to SPX Flow Technology Crawley Limited at the passing rent
· Seeking offers in excess of £1,472,000 (one million four hundred and seventy two thousand pounds) which reflects a NIY of 9.5%, and a capital value of £69 per sq ft after deducting purchasers costs at 5.8%
Location
SPX Building, Unit 3 Wheatstone Close, Crawley , RH10 9UA, Sussex, South East
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