Classic House, Genesis Business Centre

BUSINESS UNIT

LONG LEASEHOLD FOR SALE

Status

For Sale

Location

The property is situated to the north of Horsham town centre within an established business centre, approximately half a mile from Horsham railway station, which provides a direct service to London. Horsham, being located on the A24, provides easy access to the south-east motorway network via the A264.

Description

The property comprises a two-storey end of terrace business unit. The ground floor is tenanted and is utilised as workshop space, along with WC's and a kitchenette. The first floor is configured as offices, providing predominantly open plan space with three separate offices, a storage area and a kitchenette, and comes with vacant possession.

Specifications

• Intercom entry
• Smoke alarm and emergency lighting
• Suspended ceiling
• LED lighting
• Inset air conditioning/heating
• Carpeting
• Kitchenette at both floors
• WC's at ground floor
• 4 car parking spaces

Available area

The accommodation comprises the following approximate floor areas:

Tenure

The property is available by way of a sale of the 999 year long leasehold interest from 20 December 2002, subject to the tenancy of the ground floor, and with vacant possession at first floor.

Tenancy

The ground floor is let to Gardner & Scardifield Ltd by way of a 10 year lease granted outside the provisions of the L&TA 1954, from 19 March 2018, at a rent of £12,000 per annum exclusive. There is a rent review and a tenant only option to determine at the 9th anniversary of the lease, subject to providing at least 6 months' prior written notice.

Legal Costs

Each party to be responsible for their own legal costs.

Price

Offers in the region of £325,000

Business Rates

Ground Floor Rateable Value of £9,700 and First Floor Rateable Value of £16,750. UBR 43.2 p in £

Energy Performance Rating

This property has been graded as C (51)