Maydwell Avenue

Under Offer

MODERN SEMI-DETACHED FACTORY/WAREHOUSE

APPROX 3,500 SQ FT

Status

To Let

Location

This property is situated in Maydwell Avenue which houses a number of business units and is located immediately off the main A29 road (London to Bognor Regis). Horsham is approximately 4 miles to the east and Billingshurst is approximately 4 miles to the south-west.

Description

Built in late 2022, the unit comprises a semi-detached factory/warehouse on a steel portal frame with a fully insulated steel profile roof.

N.B. Deliveries/loading and unloading are between the hours of 7.30am to 8pm Monday to Friday, 7.30am to 1pm on Saturday with none allowed on a Sunday/Public holidays.

Specifications

• 24 hour operation in building
• 7.4 metres headroom approx.
• Electric loading door
• 3 phase power – 70 kva
• Lighting
• Car parking on site

Available area

The accommodation comprises the following approximate floor areas:

Terms

The property is held on a full repairing and insuring sub-lease from 30th November 2022 for a term of eight years with an upward only rent review at the end of the fourth year. The lease is outside the Provisions of the Landlord & Tenant Act 1954. Either the landlord or assignee may terminate the lease at the end of the fourth year on giving the other party to the lease with at least six months prior written notice.

VAT

VAT will be applicable on the terms quoted.

Legal Costs

Each party to be responsible for their own legal costs.

Rent

£38,000.00 per annum exclusive

Business Rates

To be advised

Service Charge

A small service charge will be levied for the upkeep of the estate road and site landscaping.

Energy Performance Rating

Upon enquiry