Newly Constructed Light Industrial / Warehouse Unit with Allocated Parking To Let

Location

The Cathedral city of Chichester is located approximately 65 miles southwest of London, 15 miles east of Portsmouth and 30 miles west of the city of Brighton. The city has excellent road communications being situated on the A27 which runs east to Worthing & Brighton and west to Portsmouth and Southampton where it connects with the M27 and M3 motorways. Chichester railway station with its regular services along the coast and north to London is situated 850 yards from the new development. Stanley Court is a newly constructed Industrial Estate situated just off the A27 (Fishbourne Roundabout) close to the Chichester Gate Leisure Park which is home to national occupiers such as Cineworld, Five Guys, McDonalds, Hollywood Bowl & Nuffield Health & Fitness. Terminus Road itself is a busy industrial and office hub within the city centre and nearby commercial occupiers include Howdens, Harwoods Group, LOK'n Store, Skoda & Hendy Ford.

Description

Unit 1 which is situated at the front of the estate in an excellent, highly visual position provides high quality industrial / warehouse unit benefitting from brick elevations and micro rib cladding. The unit provides ground floor warehouse accommodation with further storage or office space available on the first floor mezzanine level.

The property would suit a trade counter operator or a light industrial / storage and distribution occupier and viewing is highly recommended.

Specification

6m internal eaves height
15 kN/m² ground floor loading capacity
Electric roller shutter loading doors
High quality trapezoidal cladding systems to roofs and walls
10% daylight roof panels
First floor suitable for office fit-out (subject to necessary consents)
Allocated parking spaces
EV charging points

Accommodation

The property has the following approximate floor areas:

Ground Floor Warehouse	885 Sq Ft
Mezzanine Level	448 Sq Ft
TOTAL AREA	1,333 Sq Ft

Tenure

The unit is being offered for rent upon a new full repairing and insuring lease for a term to be agreed. A minimum six month deposit will be required. The lease will be excluded from the Security of Tenure Provisions of the Landlord & Tenant Act 1954 (Part II).

Alternatively the unit is available freehold with full vacant possession at a quoting price of £420,000 (Four Hundred & Twenty Thousand Pounds). Further details available upon request.

Rent & VAT

£23,250 Per Annum Exclusive

We are informed that VAT is to be charged on the quoting rent

Business Rates

According to the Valuation Office Agency (VOA) the property has a rateable value of £19,000. Interested parties are asked to contact Chichester District Council to ascertain what relief, if any, is applicable to their business.

Service Charge

Approx £863.53 Per Annum Exclusive

Legal Fees

Each party to pay their own costs

EPC

A(16)

Anti-Money Laundering

In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the purchaser or tenant and any beneficial owner together with evidence/ proof identifying the source of funds being relied upon to complete the transaction.

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Summary

INCENTIVES AVAILABLE (subject to terms)
Situated on New Industrial Estate Comprising of 16 New Light Industrial / Warehouse Units
Superb Transport Links with Direct Access onto A27. Chichester Railway Station Situated 850 Yards From Estate Entrance
Ground Floor Warehouse Accommodation with First Floor Mezzanine Storage / Office Space
Available Immediately on New Lease Terms
Allocated On-Site Parking & Private Loading Bay
Suit Variety of Commercial Uses (Excluding Motor Trade)