Light Industrial to rent

Crowhurst Road, Brighton, East Sussex, BN1

POA
1.5 ha.

Property Description

Commercial information

  • 3.7 acres (1.5 hectares)

Letting information:

Date available: Now

Key features

  • Site of approx 1.5 developable acres plus access roads
  • Existing buildings of approximately 60,000 sq ft
  • Planning consent obtained to develop a B8 unit, Builders merchant and trade counter unit with substantial yard
  • To Let / May sell
  • Interest invited from occupiers

Full description

Tenure: Leasehold

Description

1.5 Acre Commercial Development Site Close to A27
To Let / May Sell

Location

Brighton & Hove is one of the largest commercial districts on the south coast of
England. The city is located 46 miles south of London, 19 miles west of Eastbourne
and 55 miles east of Southampton.

The property is situated to the north of Brighton in the Hollingbury area. There are excellent road communications. The A27 is accessed 500m from the property, with the A23 (accessed 1.5 miles to the west) connecting the city with Crawley, Gatwick and London to the north which in turn connects with the M25 at Junction 7. The A27 dual carriageway provides a good link along the coast to Eastbourne and Hastings in the east and Portsmouth and Southampton to the west.

The Hollingbury district includes a mix of retail, office and industrial occupiers.

VAT

Rents and prices are quoted exclusive of, but may be subject to VAT

Accommodation

The property comprises the southern half of the former Newsquest (The Argus) site together with the access roads from Crowhurst Road.

The front half of the site is currently being redeveloped by Harwoods to provide a new state of the art Jaguar Land Rover dealership. (See CGI opposite.)

There are existing buildings on site comprising approximately 60,000 sq ft and described further below.

Planning consent has been obtained (BH2017/01280) to redevelop the site to a builders merchant, trade counter unit and B8 unit. Further info below.

Suitable for:

Retention and sale / letting of existing buildings

Development of the consented scheme on the basis of pre-sales / pre-lets

Development of an alternative scheme bespoke for occupiers


EPC

D

Legal Fees

Each party to bear their own legal costs incurred.

Terms

Our client holds the entire site (to include the Harwoods dealership under construction) on a 150 year lease from 15 March 2016.

The ground rent is £52,500 pa (50% of which is recovered from
Harwoods) and subject to 5 yearly upward only reviews.

The Harwoods site is sold on a sub-lease for a similar term to the head lease and with a 50% apportionment (£26,250) of the head lease ground rent. The sub-lease contains rent reviews simultaneous with the head lease suitable for:

Retention and sale / letting of existing buildings
Development of the consented scheme on the basis of pre-sales / pre-lets
Development of an alternative scheme bespoke for occupiers


More information from this agent

Nearest stations

  • Moulsecoomb (1.5 mi)
  • Falmer (1.7 mi)
  • Preston Park (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Flude Commercial , Brighton

19 New Road, BN1 1UF

01273 839478 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Moulsecoomb (1.5 mi)
  • Falmer (1.7 mi)
  • Preston Park (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Flude Commercial , Brighton

19 New Road, BN1 1UF

01273 839478 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Administration fees may apply when renting a property in England, Wales or Northern Ireland. For more details, please contact the agent.

Property reference 2869LH. 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 Flude Commercial , Brighton.

Please refer to our Renting Guides for further information on how to safely rent a property.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.