Ellen Street Estate, Portslade, Brighton BN41 1DW
Offers in Excess of
£3,000,000
£44.43 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
67,518 sq ft
6,273 sq m
- SECTOR
Light industrial facility for sale
Key features
- Located in Portslade, a suburb of Brighton in East Sussex.
- Benefiting from good connectivity via the A27 which connects Portslade to the nearby locations of Worthing, Shoreham-by-Sea and Brighton.
- Comprising two industrial units and a small office building, extending to 36,108 sq ft (3,355 sq m).
- Multi-let to 3 tenants, producing a total passing rent of £213,250 per annum which reflects a low £5.91 per sq ft, presenting significant opportunities for reversion.
- Site area of 1.55 acres, reflecting a site cover of 48%.
- Freehold.
- Restricted supply of existing or pipeline industrial stock on the coastal strip between Brighton and Worthing, with continued strong occupational demand.
- Multiple value-add opportunities through active asset management.
Description
Portslade - Reversionary Multi-Let Industrial Investment
Portslade is a village in East Sussex and is located approximately 3 miles east of Shoreham-by-Sea and 3 miles west of Brighton City Centre.
Portslade benefits from good connectivity to other key towns and cities on the south coast, via the A27 to locations such as Shoreham-by-Sea, Brighton, Worthing and Lewes. Other key roads include the A270 Old Shoreham Road (to the north) and A259 South Coast Road (to the south).
Portslade train station (West Coastway Line) provides regular train services to and from the village.
The property is situated on Ellen Street in an established commercial area which comprises predominantly industrial and office buildings.
Located immediately to the west of the property is a Jewson builders merchant. Further south is Trafalgar House, which comprises offices, workshops and artist studios which are occupied by a number of local businesses. To the south east, is CityCoast Church.
North Street connects the property to the B2914 (Boundary Road) which is the main commercial thoroughfare of Portslade. The street is populated by a number of local high street shops and Portslade train station is located to the north.
Away from the industrial / office cluster is a significant residential catchment area which surrounds Vale Park.
The property is elected for VAT and it is proposed that the sale will be treated as a Transfer of Going Concern (TOGC).
The property comprises three industrial buildings and a small office, as follows:
Western Unit - a self-contained rectangular industrial / warehouse building with a dedicated large, secure and surfaced yard. The unit is open plan with 2 loading doors to either end of the southern
elevation.
To the front of the ground floor there is an office / staff area and WCs .The first floor comprises offices and a storage area.
The unit has a minimum eaves height to the haunch of 4.15m
Eastern Unit - two self-contained bay industrial warehouse. The unit has brick elevations with asbestos covered roof and loading doors to the eastern end of each of the 2 bays. To the east of the unit is a good sized secure yard.
(Northern Part) - The unit has a minimum eaves height to the haunch of 4.92m.
(Southern Part) - 'The unit has a minimum eaves height to the haunch of 6.45m.
Freeman House - three storey purpose built office building. The accommodation is currently arranged as a series of suites on each floor.
The specification to the property is reasonable to include Carpet tiles, Perimeter trunking, Ceiling tiles, LED lighting, Gas central heating, WC accommodation to the ground and first floors, There is wall mounted air conditioning to some rooms.
The unit benefits from 9 allocated parking spaces to the front and west of the premises.
A copy of the EPC certificates are available on request
Located in Portslade, a suburb of Brighton in East Sussex.
Benefiting from good connectivity via the A27 which connects Portslade to the nearby locations of Worthing, Shoreham-by-Sea and Brighton.
Comprising two industrial units and a small office building, extending to 36,108 sq ft (3,355 sq m).
Multi-let to 3 tenants, producing a total passing rent of £213,250 per annum which reflects a low £5.91 per sq ft, presenting significant opportunities for reversion.
Site area of 1.55 acres, reflecting a site cover of 48%.
Freehold.
Restricted supply of existing or pipeline industrial stock on the coastal strip between Brighton and Worthing, with continued strong occupational demand.
Multiple value-add opportunities through active asset management.
Portslade is a village in East Sussex and is located approximately 3 miles east of Shoreham-by-Sea and 3 miles west of Brighton City Centre.
Portslade benefits from good connectivity to other key towns and cities on the south coast, via the A27 to locations such as Shoreham-by-Sea, Brighton, Worthing and Lewes. Other key roads include the A270 Old Shoreham Road (to the north) and A259 South Coast Road (to the south).
Portslade train station (West Coastway Line) provides regular train services to and from the village.
The property is situated on Ellen Street in an established commercial area which comprises predominantly industrial and office buildings.
Located immediately to the west of the property is a Jewson builders merchant. Further south is Trafalgar House, which comprises offices, workshops and artist studios which are occupied by a number of local businesses. To the south east, is CityCoast Church.
North Street connects the property to the B2914 (Boundary Road) which is the main commercial thoroughfare of Portslade. The street is populated by a number of local high street shops and Portslade train station is located to the north.
Away from the industrial / office cluster is a significant residential catchment area which surrounds Vale Park.
The property is elected for VAT and it is proposed that the sale will be treated as a Transfer of Going Concern (TOGC).
The property comprises three industrial buildings and a small office, as follows:
Western Unit - a self-contained rectangular industrial / warehouse building with a dedicated large, secure and surfaced yard. The unit is open plan with 2 loading doors to either end of the southern
elevation.
To the front of the ground floor there is an office / staff area and WCs .The first floor comprises offices and a storage area.
The unit has a minimum eaves height to the haunch of 4.15m
Eastern Unit - two self-contained bay industrial warehouse. The unit has brick elevations with asbestos covered roof and loading doors to the eastern end of each of the 2 bays. To the east of the unit is a good sized secure yard.
(Northern Part) - The unit has a minimum eaves height to the haunch of 4.92m.
(Southern Part) - 'The unit has a minimum eaves height to the haunch of 6.45m.
Freeman House - three storey purpose built office building. The accommodation is currently arranged as a series of suites on each floor.
The specification to the property is reasonable to include Carpet tiles, Perimeter trunking, Ceiling tiles, LED lighting, Gas central heating, WC accommodation to the ground and first floors, There is wall mounted air conditioning to some rooms.
The unit benefits from 9 allocated parking spaces to the front and west of the premises.
A copy of the EPC certificates are available on request
Located in Portslade, a suburb of Brighton in East Sussex.
Benefiting from good connectivity via the A27 which connects Portslade to the nearby locations of Worthing, Shoreham-by-Sea and Brighton.
Comprising two industrial units and a small office building, extending to 36,108 sq ft (3,355 sq m).
Multi-let to 3 tenants, producing a total passing rent of £213,250 per annum which reflects a low £5.91 per sq ft, presenting significant opportunities for reversion.
Site area of 1.55 acres, reflecting a site cover of 48%.
Freehold.
Restricted supply of existing or pipeline industrial stock on the coastal strip between Brighton and Worthing, with continued strong occupational demand.
Multiple value-add opportunities through active asset management.
Brochures
Ellen Street Estate, Portslade, Brighton BN41 1DW
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Portslade Station0.4 miles
- Fishersgate Station0.4 miles
- Southwick Station1.2 miles
Notes
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