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SOLD STC

Lockgate Road, Sidlesham Common, PO20

Description

Investment Opportunity

An excellent investment opportunity, Walnut Farm Science Park is located approximately 4.6 miles south of Chichester City Centre. The property comprises a substantial light industrial unit, car showroom, workshop, and office space, with existing tenancies generating income from full repairing and insuring (FRI) leases.

Full tenancy details are available to prospective purchasers upon request.

We have assumed that all the tenancies are outside the Landlord & Tenant Act 1954 (sections 24-28).

DESCRIPTION:

Units 1A, 2 & 3

• Size: Approximately 5,081 sq. ft.

This primary unit is accessed from Lockgate Road and includes:

• Workshop 1A: Ground-floor workshop with mezzanine storage.
• Car Wash: Attached to the car showroom.
• Workshops 2 & 3: Additional car showroom or light industrial space.
• Offices: Includes two office spaces.
• Kitchen and WCs: Ancillary facilities (two WCs).

The unit benefits from a large gravel parking area at the front, currently used for vehicle storage. It is let to Targa Florio Cars on a full repairing and insuring lease.

Unit 1B

• Size: Approximately 871.2 sq. ft.

This secondary workshop, also accessed from Lockgate Road includes:

• Ground-Floor Workshop with mezzanine storage.

The workshop is let on a full repairing and insuring lease.

Unit 4

• Features: Includes a detached carport, storage area, and a large parking area.

This detached office building, accessed from Boxham Lane via an independent driveway, is let on an FRI lease.

Planning Permissions

• Units 1A, 2 & 3: Approved for storage, retail, and car preparation.
• Unit 1B: Approved for offices and light industrial use.
• Unit 4: Approved for office use.

Buyers are advised to verify planning permissions and use classes with the local authority.

LOCATION:

Walnut Farm Science Park is situated approximately 4.6 miles south of Chichester city centre, benefiting from excellent transport links to Worthing and Brighton to the east on the A27 and
Portsmouth and Southampton to the west via the A27 connecting to the A3(M), M27, and M3 motorways. This strategic location supports accessibility for tenants and visitors.

EPC RATINGS

Unit 1A Walnut Farm Science Park: Band C
Unit 1B Walnut Farm Science Park: Band D
Unit 2 Walnut Farm Science Park: Band D
Unit 3 Walnut Farm Science Park: Band D
Units 4-5 Walnut Farm Science Park: Band D

INFORMATION

• Full tenancy details, including rental income and lease terms, are available upon request.
• The property represents a secure, income-generating investment with established tenants.
• Viewings are strictly by appointment only.

For further information or to arrange a viewing, please contact Stride & Son, Chichester, on .
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Lockgate Road, Sidlesham Common, PO20

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About Stride and Son, Chichester

37 South Street Chichester PO19 1EL
Industry affiliations:

Stride & Son were first established in 1890 when the firm was originally founded to hold sales at the Cattle Market, and having since built on this original agricultural base, we are now able to offer a wide range of professional property services.

The firm is run as an independent partnership, all three partners being Fellow members of the Royal Institution of Chartered Surveyors and therefore being governed by professional guidelines and regulations.

As well as our Estate Agency department, we hold auctions of furniture and effects on the last Friday of every month in our Saleroom at Southdown House, regular Book Auctions and an annual Boat Auction, and our Surveyors Department offers Full Building Surveys, RICS Homebuyer’s Survey & Valuation Reports as well as preparation of Planning Applications and architectural drawings.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£6,385
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference a01a4f7d-da67-4caf-b5ab-b698e01b992a. 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 Stride and Son, Chichester. 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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