Toyota Uckfield, Bellbrook Industrial Estate, Uckfield, TN22 1PH
- SIZE AVAILABLE
9,913 sq ft
921 sq m
- SECTOR
Warehouse for sale
Key features
- Established car dealership investment with workshop accommodation
- Occupied by SLM Group trading with a Toyota franchise
- Let on 15 year lease with tenant breaks
- Potential for future development or alternative uses, subject to planning, including self storage, IOS, retail, hotel or trade counter uses
- Passing rent of £100,000 per annum, with no VAT
- Seeking offers in the region of £1,650,000 reflecting a Net Initial Yield of approximately 5.71% assuming standard purchasers costs of 6% and a capital value of £166,000 per sq ft.
Description
The property comprises an established Toyota car dealership and workshop premises on a site extending to just short of 1.0 acre. The accommodation provides car dealership and servicing facilities suited to ongoing automotive use, while also offering potential for longer term alternative future uses, subject to planning.
Location
The property is situated on Bell Brook Business Park, an established commercial location in Uckfield, East Sussex. The estate provides access to the town centre and surrounding road network, serving the wider East Sussex catchment and supporting its established motor trade use.
Bellbrook Industrial Estate is a large industrial estate, comprising over 145 warehouse and industrial units. Current occupiers include: Halfords, ToppsTiles, Screwfix, Enterprise, Kwik-Fit, McDonalds, Halfords and Pureprint.
Lease
A new 15 year lease was signed at the beginning of 2026. The lease includes tenant break options at 5 yearly intervals, together with an additional 2 year break in the event of loss of franchise. The current annual rent is £100,000 per annum with open rent reviews 5 yearly. The letting is not elected for VAT.
Tenant Covenant
The tenant, SLM Group (St Leonards Motors Group), is a long-established automotive retailer with more than 60 years of trading history. The business operates dealerships across East Sussex, Kent, Norwich and East Anglia, and provides new and used vehicle sales, vans, servicing and MOT facilities. Core franchise operations include SLM Toyota and SLM Vauxhall, supporting the covenant strength of the occupational lease.
Guide Price
Offers in excess of £1.65 million for the freehold interest, subject to contract.
Viewings
Through Sole Agents Vail Williams
Brochures
Toyota Uckfield, Bellbrook Industrial Estate, Uckfield, TN22 1PH
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Uckfield Station0.6 miles
- Buxted Station2.6 miles
- Cooksbridge Station6.0 miles
Notes
Disclaimer - Property reference 376478-1. 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 Vail Williams, Crawley. 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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