Units K39 And K40 Glenmore Business Park

MODERN FACTORY/WAREHOUSE

376.07 SQ M (4,048 SQ FT)

Status

To Let / For Sale

Location

Glenmore Business Park is situated on the outskirts of Chichester adjacent to the A27 arterial route, which links to the motorway network providing easy access to Brighton, Worthing, Portsmouth and Southampton.

Description

The premises were built in 2018 and comprise two mid-terrace units currently operating as a single unit. The premises have 3 phase power, lighting, car parking and two loading doors.

N.B. Consideration will be given for the units to be purchased separately.

Accommodation

The units have the following approximate floor areas:

Unit K39
Ground Floor - 1,348 sq ft
First Floor - 676 sq ft
Total - 2,024 sq ft

Unit K40
Ground Floor - 1,348 sq ft
First Floor - 676 sq ft
Total - 2,024 sq ft

Tenure

The property is available by way of a sale of the freehold interest with vacant possession.

Alternatively a new full repairing and insuring lease is available for a minimum term of five years, to be outside the provisions of the Landlord & Tenant Act 1954.

VAT

VAT is applicable on the terms agreed.

Legal Costs

Each party to be responsible for their own legal costs.

Price

Offers in the region of £600,000 taken as a whole, or £325,000 per unit

Rent

£30,000 per annum exclusive

Business Rates

Each unit has a Rateable Value of £17,000 with a UBR of 49.9 p in £.

Service Charge

The current service charge figure of £2,061 plus VAT per annum is applicable

Energy Performance Rating

This property has been graded as B (46)