Location
Situated within the Lancing Business Park, Parkland Business Centre offers a strategic location with excellent connectivity. Accessed directly from Chartwell Road, the site is just minutes from the A27 and A259, providing swift routes to Worthing (2 miles west) and Brighton (10 miles east).
Description
Parkland Business Centre is a well-established commercial freehold investment opportunity situated within Lancing Business Park, one of the largest and most recognised business locations in West Sussex.
The site extends to approximately 1.12 acres and comprises three substantial three-storey buildings, providing a diverse mix of office and light industrial accommodation across all floors. The accommodation benefits from good natural light, heating, carpeting, internal partitioning, WC facilities and flexible layouts, offering suitability for a variety of occupiers and business uses.
The centre provides an established business environment with on-site parking, 24-hour access and communal facilities, making it an attractive proposition for businesses seeking flexible and adaptable workspace.
The property is currently partially let and generates an annual income of £181,064, subject to change. There is clear potential to increase the rental income through the letting of the remaining vacant accommodation.
Combining scale, an established commercial location and diversified accommodation, Parkland Business Centre represents an attractive freehold investment opportunity, offering both a strong existing income stream and potential for future rental growth.
Price
Offers are invited in the region of £2,200,000 for the freehold interest.
Tenure Comments
Freehold
EPC
EPC's available on request.
VAT
We are informed that VAT is applicable on the terms quoted.
Use
The premises are understood to benefit from Use Classes B2, B8, E and Sui Generis. However, interested parties are advised to satisfy themselves with the Planning Department regarding the suitability of their intended use.
Legal Fees
Each party is responsible for their own legal fees in this transaction.
Viewing
Strictly by appointment with Sole Agents,
Jacobs Steel.
