Cradle Hill Industrial Estate, Seaford

Offers In The Region Of £625,000

15605.00 sqft For Sale

The property comprises a detached single storey industrial unit constructed in the 1970's with roof lighting and ample car parking. To the front is a large reception area. To the rear a roller shutter door and further garage and personal door access. Since construction the building has benefited from the installation of aluminium framed double glazing virtually throughout and the various office and staff areas have the benefit of electric storage heating. Building is in reasonable condition although would benefit from updating but provides excellent light industrial space with a ancillary office and staff accommodation and toilet facilities.The property could be easily sub-divided into several units for multi occupation subject to freehold approval and relevant planning consents/building regulations.

Area 1

10,820 sq ft

Area 2

4,785 sq ft

Small Mezzanine Area

2 x Toilet Blocks

With both ladies and gents wc's

Office Area

Comprising 3 offices.

Kitchen/Canteen

5 x Workshop/Admin Areas

Tenure

Leasehold 49 years unexpired.The property is currently held on a long lease with approximately 49 years unexpired from Lewes District Council at a current passing ground rent of £13,000 per annum. There is a rent review every 30 years.

EPC

The property has an EPC rating of E

Rateable Value

£70,500 (subject to transitional relief or charges that may be applicable)

Legal Costs

Each party is to be responsible for their own legal costs

Services

No electrical, gas or other equipment, appliances or installations have been tested. In-going occupants must make their own enquiries

VAT

Under the Finance Act 1989 VAT may now be charged on rent or purchase prices. It is recommended that prospective tenants/purchasers make their own enquiries to establish whether or not VAT is chargeable prior to entering into an agreement.

Viewing

Contact our Commercial Department on 01323 642426.

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