29 Cecil Pashley Way, Brighton City Airport, Shoreham-By-Sea, BN43 5PA Industrial / Warehouse Unit with Secure Yard and Ample Parking

29 Cecil Pashley Way, Brighton City Airport, Shoreham-by-Sea, BN43 5PA Industrial / Warehouse unit with secure yard and ample parking

Key Features The accommodation has been measured to comprise the following approximate • Situated on Brighton City Airport gross internal floor areas:

• Secure yard & loading areas Floor Sq m Sq ft • 35 parking bays Ground Floor Warehouse 960 10,333 • Solar panels installed Office Entrance and Retail area 302 3,250 • Mix of warehouse, retail and offices Total Ground Floor 1,262 13,584 • To let / For sale First Floor Offices 297 3,194 Mezzanine Floor Stores 46 500 Location Total Accommoation 1,605 17,278 Shoreham-by-Sea is located immediately to the west of Brighton & Hove and forms a significant part of the Brighton/Worthing/Littlehampton conurbation, Head Lease the 12th largest conurbation in the UK, 55 miles due south of London. Our client holds a long leasehold interest for a term of 125 years from 15 September 1999. There is a ground rent of £25,000 per annum, with 5 yearly rent Communications are excellent with the A27 dual carriageway running east reviews upward only and settled at 20% of the Rack Rental Value of the premises. from Portsmouth along the edge of the South Downs via Shoreham and The Permitted use within the head lease is for aviation related purposes. Brighton to Eastbourne. The centre of Brighton is located 5.5 miles to the east A copy of the head lease can be made available upon request. whilst the centre of Worthing is 5.5 miles to the west.

Accommodation The property comprises a modern steel portal framed industrial / warehouse building with a 2 storey block to its front. The first floor comprises good quality air conditioned offices. The ground floor front is currently rented as retail space. This could easily be used for offices. The bulk of the ground floor comprises industrial / warehouse accommodation accessed from a loading doorto the southern elevation. There are parking spaces for around 35 cars to the front of the unit and loading areas along its southern elevation. The property benefits from solar panels to its roof.

Flude Commercial | Pavilion View | 19 New Road | Brighton BN1 1UF 29 Cecil Pashley Way, Brighton City Airport, Shoreham-by-Sea, BN43 5PA

Planning Legal Fees Planning consent was granted under L/171/98/TP for development of a Each party to bear their own legal costs incurred. warehouse with ancillary shop and offices. Condition 2 of the consent restricts use to aviation related use of the premises for VAT any purpose within classes B1, B2 or B8 with ancillary A1, A3 or other uses. Rents and prices are quoted exclusive of, but may be subject to VAT. Please note that whilst we endeavour to confirm the prevailing approvedplanning use for properties we market, we can offer no guarantees in this regard. Planning information is stated to the best of our knowledge. Viewings and Further Information Interested parties are advised to make their own enquiries to satisfy themselves in respect of planning issues Please contact the sole agents Flude Commercial:

Terms Please contact: The unit is available either by way of a new effective full repairing and insuring Alex Roberts / Andrew Halfacree lease for a term to be agreed. Email: [email protected] / [email protected] Rent on application. Telephone: 01273 727070

Or sale of the long leasehold interest is also offered for sale, with offers invited in the region of £1.5 million. NB You should be aware of the Code for Leasing Business Premises in England and Wales 2007. Details can be found at www.leasingbusinesspremises.co.uk.

Flude Commercial for themselves and for the vendors or lessors of this property whose agents they are give EPC notice that: i) these particulars are set out in good faith and are believed to be correct but their accuracy C (60) cannot be guaranteed and they do not form any part of any contract; ii) no person in the employment of Flude Commercial has any authority to make or give any representation or warranty whatsoever in relation to this property. Business Rates Rateable value (2017 list): £94,500.00 UBR for year ending 31.03.18: 49.3p in the £ Rates payable 2018/2019: £46,588.50 We advise interested parties to make their own enquiries to the local authority to verify the above and the level of business rates payable in view of possible transitional arrangements and small business relief.

Flude Commercial | Pavilion View | 19 New Road | Brighton BN1 1UF 29 Cecil Pashley Way, Brighton City Airport, Shoreham-by-Sea, BN43 5PA

Location Maps

Flude Commercial | Pavilion View | 19 New Road | Brighton BN1 1UF