35 Perrymount Road, Haywards Heath , RH16 3BW

• Haywards Heath is part of the thriving M23/A23 Corridor and is located 14 miles south of Gatwick Airport and 38 miles south of Central London.• Haywards Heath benefits from excellent road and rail communications.• Prime headline rents in Haywards Heath of £XXX per sq ft offer a significant discount to neighbouring centres.• 35 Perrymount Road is a self-contained office building providing 39,490 sq ft of refurbished accommodation.• The building has recently been comprehensively refurbished at a cost of circa £XXX million, significantly enhancing the internal specification.• Freehold.• Multi let to six tenants with a WAULT of 5.7 years to expiry and 3.3 years to break.• Combined total income of £XXX per annum which equates to a low average base rent of £XXX per sq ft.• 83% of the income is secured to tenants with a minimum risk of business failure as rated by Dun & Bradstreet.• Numerous asset management opportunities to enhance the income profile, drive income returns, improve the WAULT and explore redevelopment of the site (subject to planning).• Offers are sought in excess of £XXX (Six Million, Seven Hundred and Ten Thousand Pounds), subject to contract and exclusive of VAT.• A purchase at this level reflects an attractive net initial yield of 8.00% and a low capital value of £XXX per sq ft, exclusive of purchaser’s costs of 5.8%.

Location