Summary
Self-Contained Industrial Complex with Offices, Warehouse and Workshop Facilities.
Description
The site comprises a low density, multi-let industrial estate which has been periodically developed from the 1950s to offer a range single storey industrial units and a two storey office building. The site comprises 12 small to medium sized industrial units, in addition to a wholesale retail business currently operating from a porta-cabin. The units are informally arranged across the site and are predominantly one and two storeys in height. The estate is fully let with current occupiers including Ingenia Solutions and Flotronic Pumps Ltd.
The wider site extends to approximately 8.52 acres. To the South and West of the estate are areas that represent development potential over both the short and longer term.
Location
The site is located to the east of Brighton Road which serves the A23. The A23 links the site to Brighton (10 miles to the south) and Crawley (14 miles to the north), before joining the wider motorway network via the M23 and M25. Public transport links to the site are good, with the closest bus stop located approximately 800m to the south of the site. The bus stops are located on Brighton Road and either side of the Little Chef on the A2300, providing a service to Burgess Hill, Crawley, Henfield, Pulborough and Brighton.
The nearest railway stations are Wivesfield (3.3 miles to the east) and Burgess Hill (3.4 miles to the south east).
Terms
The freehold interest is available under title references WSX293858 and WSX122480. Full title details are available in the marketing data room.
The sale is on the bais of transfer of a going concern (TOGC).
EPC
Under the Energy Performance and Building Regulations (Certificates and Inspections) (England and Wales 2007) it is now compulsory to provide an Energy Performance Certificate (EPC) when a building is constructed, sold or let. An EPC provides an energy rating from A-G for a building and informs the owners and potential purchasers of the potential of the building itself (Fabric) and its services (such as heating, ventilation and lighting).
Copies of the EPC's are available within the dataroom.
Accommodation;
Address | Occupier | sq ft | Passing Rent | Lease Expiry |
Units 1&5 | Altech Engineering Ltd | 4,750 | £23,000 | 30th November 2020 |
Unit 2 | Altech Engineering Ltd | 2,604 | £11,861 | 30th November 2020 |
Unit 3 | Generator Insulation Services Ltd | 1,431 | £8,500 | 31st October 2017 |
Unit 4 | Audio Empire | 1,420 | £12,500 | 5th October 2024 |
Unit 6 | Flotronic Pumps Ltd | 11,245 | £87,000 | 31st December 2021 |
Unit 7 | Flotronic Pumps Ltd | 4,368 | £18,500 | 31st December 2021 |
Unit 8 | Kids Clothes Boxes | 2,783 | £11,000 | 20th June 2022 |
Unit 9 | Golf Trolley Shop | 1,221
| £4,800 | 28th February 2020 |
Unit 10 | Ingenia Solutions Ltd | 5,207 | £38,000 | 31st December 2026 |
Unit 11 | Norris Brothers | 1,944 | - | - |
Unit 12 | Storage Unit | 1,380 | - | - |