Substantial Long Leasehold Industrial Building suitable as One Unit or Potential to Split

UNIT 4

CRADLE HILL INDUSTRIAL ESTATE SEAFORD, EAST BN25 3JE

Seaford is a growing coastal town with mainline station providing access to London Victoria within approx 1.5 hours and access to Europe via the Newhaven to Dieppe ferry approximately 5 mile distance. The property is situated on Seaford's main industrial estate on the outskirts of the town with easy access to the A259 Coast road which provides access to the A27 major trunk road to and provides easy access to the motorway network.

£625,000

Internal floor area: 15605.00 sq ft

EPC RATING: E The property comprises a detached single 5 x Workshop/Admin Areas storey industrial unit constructed in the 1970's with roof lighting and ample car parking. To Tenure the front is a large reception area. To the rear Leasehold 49 years unexpired. a roller shutter door and further garage and personal door access. Since construction the The property is currently held on a long lease building has benefited from the installation of with approximately 49 years unexpired from Lewes District Council at a current passing aluminium framed double glazing virtually ground rent of £13,000 per annum. There is a throughout and the various office and staff rent review every 30 years. areas have the benefit of electric storage heating. Building is in reasonable condition EPC although would benefit from updating but The property has an EPC rating of E provides excellent light industrial space with Rateable Value a ancillary office and staff accommodation £70,500 (subject to transitional relief or charges and toilet facilities. that may be applicable)

The property could be easily sub-divided into Legal Costs Each party is to be responsible for their own several units for multi occupation subject to legal costs freehold approval and relevant planning consents/building regulations. Services No electrical, gas or other equipment, appliances or installations have been tested. In- Area 1 going occupants must make their own enquiries 10,820 sq ft VAT Area 2 Under the Finance Act 1989 VAT may now be 4,785 sq ft charged on rent or purchase prices. It is recommended that prospective Small Mezzanine Area tenants/purchasers make their own enquiries to establish whether or not VAT is chargeable prior 2 x Toilet Blocks to entering into an agreement. With both ladies and gents wc's Viewing Office Area Contact our Commercial Department on 01323 Comprising 3 offices. 642426. Kitchen/Canteen Ross & Co Pacific House Sovereign Harbour Innovation Park BN23 6FA

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01323 642426

Please be aware that the Code of Practice on Commercial Leases in and Wales recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before entering into or signing a business tenancy or lease agreement. The Code is available through professional institutions and trade associations or through the website www.commercialleasecodeew.co.uk

Please note: Ross & Co prepare Sale and Letting Particulars diligently and all reasonable steps are taken to ensure that they are correct. Neither a seller, nor a landlord, nor the company, will however be under any liability to any purchaser, tenant, or prospective purchaser or tenant, in respect of them. (If a property is unoccupied, the company may not have all the information required by a prospective purchaser or tenant in its possession, may not be able to obtain it, and may not be able to verify all of the information which it does hold).