Unit 30 Bridge Road

INDUSTRIAL INVESTMENT

VIRTUAL FREEHOLD FOR SALE

Status

For Sale

Description

The property comprises an industrial unit of steel portal frame with a minimum eaves height of 3.8 m and a maximum eaves height of 4.7 m. The premises are currently occupied by Howdens Joinery and have been configured to provide mix of retail showroom, trade counter and storage over three areas.

Externally the property benefits from parking to the front and to right hand side. Otherwise the premises benefit from the following amenities:

Available area

The accommodation comprises the following approximate gross internal floor areas:

Location

Bridge Road is situated approximately one mile north of Haywards Heath town centre and half a mile east of the mainline railway station, which offers regular services to London/Brighton.

Haywards Heath is located on the main A272 which allows access to A/M23, Gatwick, M25 and A22 London/Eastbourne Road.

Specifications

• Fire alarm system installed
• Left hand side electric roller shutter - 4.64 m wide x 3.36 high
• Right hand side electric roller shutter - 3.11 m wide x 3.25 m high
• Suspended ceiling with LED light panels in showroom area
• 6 car parking spaces to the front
• External storage/ further parking to the side

Tenure

The virtual freehold interest is available by way of a 999 year lease from 1st April 1961.

VAT

VAT is not applicable on the terms quoted.

Legal Costs

Each party to be responsible for their own legal costs.

Tenancy

The property is currently let to Howdens Joinery Properties Ltd by way of a 15 year full repairing and insuring lease from 4th March 2019 at the current rent of £122,500 per annum. The March 2024 Rent Review has not been instigated.

Price

Offers in the region of £1,750,000

Business Rates

Rateable Value of £32,500 with a UBR of 49.9 p in £

Energy Performance Rating

This property has been graded as B (45)