Unit 8 Bridge Road Business Park

LONG LEASEHOLD FOR SALE

PART LET OFFICE INVESTMENT

Status

For Sale

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.

Description

The property comprises an office unit providing accommodation over ground and first floors within this modern two-storey building. Both floor are currently self-contained. The ground floor is currently vacant and the first floor is tenanted - details of the tenancy are available below.

Specifications

• Carpeting
• CAT II lighting
• Suspended ceilings
• Gas fired central heating
• Kitchen and WC on each floor
• 7 car parking spaces

Available area

The accommodation comprises the following approximate net internal floor areas:

Tenure

The property is available by way of a sale of the long leasehold interest, held for a term of 125 years from 1993. There is a ground rent of £500 per annum. The property is available subject to the existing tenancy of the first floor.

Tenancy

The first floor office is let to Servo Private Wealth Limited by way of a five year effectively full repairing and insuring lease from April 2023, at a current rent of £16,200 per annum plus VAT, with a rent review due in April 2026.

VAT

VAT will be applicable on the sale price.

Legal Costs

Each party to be responsible for their own legal costs.

Price

Offers in the region of £365,000

Business Rates

Rateable Values: Ground Floor - £11,500 and First Floor - £4,550. UBR of 49.9 p in £

Energy Performance Rating

This property has been graded as D (81)