
Unit 9 Tungsten Building, George Street, Southwick, West Sussex, BN41 1RA
- PROPERTY TYPE
Office
- SIZE
Ask agent
Description
*Guide Price £185,000
Long Leasehold Office Unit Within The Tungsten Building
Description
An opportunity to purchase a long leasehold office unit within the Tungsten Building, Portslade. This first floor unit is configured as a modern open plan floor plate with mezzanine accommodation, currently utilised for boardroom use; partitioned meeting rooms, male and female w/c facilities and shower. The premises also benefit from 2 x car parking spaces.
Situation
Situated on the A259 Fishergate Terrace/Coast Road, approximately 3 miles west of Brighton city centre and overlooking Shoreham Harbour. Fishergate station is a short walk north and local traders include HiQ Tyres & Autocare, R&D Goatley, Storage Mart, Dreams and Formula One Autocentres.
NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, AND OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU REVIEW THE LEGAL PACK AND READ THE SPECIAL CONDITIONS THOROUGHLY
Tenure
Leasehold Term 999 years from 1 January 2005 (approximately 968 years remaining)
Ground rent - Peppercorn
Tenancy
Let to Blue Sky Fostering Limited on an effective full repairing and insuring lease for a term of 6 years beginning on 12 April 2019 and ending on, and including 11 April 2025. The current passing rent is £19,000 per annum exclusive. The lease is subject to a photographic schedule of condition. The tenant is currently holding over.
Accommodation
First Floor 10m x 12.5m (max)
Mezzanine Boardroom 6.1m x 5.9m (max)
Total Approximate Floor Area 160 sqm / 1,640 sq ft
Location Pin (What3Words): ticket.crown.hiking
EPC Rating - B
Rateable Value
Office - £19,750
2x Car Parking Spaces - £400
VAT
The property is elected for VAT.
Brochures
Legal DocumentsUnit 9 Tungsten Building, George Street, Southwick, West Sussex, BN41 1RA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Fishersgate Station0.2 miles
- Portslade Station0.7 miles
- Southwick Station0.8 miles



Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Austin Gray, Auction House Sussex on 01273 109784.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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