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The Drove, Newhaven.

Property Details
Agent Ref No:
Category:
Type: Other
Industrial - Other
Offer Type:
Price: Not For Sale
Rent: Not Applicable
Yield: Not Applicable
Further Property Details
Date Listed: 2008-08-15
Size: 3994 m²
Tenure: Leasehold
Min Rental Size: Not Applicable
Property Status:

B2B Commercial Mortgage Quotes

B2B
  • Up to 80% LTV
  • Rates from 1.5% over base
  • Borrow from £50k - £40m
  • NO BROKER FEE!

Description

The property comprises a substantial steel portal frame unit original constructed in the mid 1980's as a retail warehouse.

The unit has a predominantly brick/block lower elevation with the upper elevations and roof being covered with plastic coated steel sheeting, the roof being double skin and insulated. The unit has a power floated concrete floor and has the following amenities:-

· Two storey office area incorporating ladies and gentlemen's w.c's.
· Sodium lighting in the factory area.
· Minimum eaves height of 21 foot.
· Three roller shutter doors.
· 10% roof lighting.
· Large car park
The property is available to let on a new lease for a minimum term of 15 years with 5 yearly rent reviews.

RENT:

£247,000.00 per annum

TERMS

TENURE
Leasehold