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SOLD STC

Independent Business Park, Imberhorne Lane, East Grinstead, West Sussex, RH19

Guide Price
£450,000

£99.78 per sq ft

Business rates & charges may apply

BWP Commercial Property, Home Counties
SIZE AVAILABLE

4,510 sq ft

419 sq m

SECTOR

Light industrial facility for sale

USE CLASSUse class orders: Class E

E

Key features

  • Steel framed light industrial unit measuring approximately 4,510 Sq.ft
  • Well located on the Independent Business Park, East Grinstead
  • Let on a new 10-year lease at £40,000/pa
  • Total of 9 parking spaces for staff and customers
  • Sold on a sale and lease back basis to a local trade counter
  • Reflecting an 8.5% NIY

Description

Location:

East Grinstead is a town in West Sussex near the borders of Kent, East Sussex & Surrey borders. It is located 27 miles south of London and 9 miles east of Gatwick Airport and the M23. The property is located on the Independent Business Park which is a very popular trading estate is located just off the A22 at in Felbridge on the outskirts of the town.

Connections:

East Grinstead is located just off the A22 and close to the M23 linking London and the south coast. The town is serviced by direct trains into London Victoria taking approximately 60 minutes.

Description:

The property consists of a detached steel frame and metal clad light industrial unit used as a trade counter and occupied by a plumbing wholesaler. The Ground floor is used as office, warehouse and retail space with a further mezzanine used for storage. Outside there is a forecourt for up to 9 staff and customer cars.

Tenancy:

The current owner and occupier of the property is a successful regional plumbing supply business called Drakes Plumbing Supplies Ltd (Company Number ). The building will be sold with the benefit of a new 10 year lease to Drakes Plumbing Supplies Ltd at an annual rent of £40,000 per annum. The lease which will be contracted outside of the security of tenure of the 1954 Landlord & Tenant act, and will include a mutual break and open market rent review at year 5.

Energy Performance Certificates

EPC 1

Brochures

Independent Business Park, Imberhorne Lane, East Grinstead, West Sussex, RH19

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • East Grinstead Station1.0 miles
  • Dormans Station2.0 miles
  • Lingfield Station3.1 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference EastGrinstead. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BWP Commercial Property, Home Counties. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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