Investment For Sale, St. Leonards On Sea, East Sussex
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Property ID: 160862
£8,250,000 Freehold
Austin House Cirket House & Unit TX, Sidney Little Road, St. Leonards On Sea, East Sussex, TN38 9PU
Type
Investment
Status
Available
Size
80,655 sq ft / 7,493 sq m
Key Features
- Freehold, SE warehouse/industrial buildings - 3 modern units totalling c. 80,655 sq ft
- Low site cover only 28.6%, Site totals 6.471 acres
- Let to two very strong covenants in the Defence and Vacuum Technologies sectors
- Capacity to extend existing or accommodate more buildings on site
- Rents reserved now £662,602 pa. Rents reserved from April 2027 onwards at £707,729 pa
- Further fixed increases annually on Unit TX, see tenancy schedule
- Opportunity to purchase now with low rent and to pursue future growth
- The occupiers, GDUK and KJL have been on site since 1997 and 2010 respectively
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Description
Freehold, Se Warehouse/industrial Buildings<br>
Low Site Cover Only 28.6%<br>
Site Totals 6.471 Acres<br>
Three Modern Units Totalling C. 80,655 Sq Ft<br>
<br>
East Sussex Has A Population Of Arround 550,000, With C. 250,000 Jobs Generating An Economic Output Of £9.9bn, From C.23,000 Enterprises.<br>
<br>
Hastings, St Leonards And Bexhill Are Located On The South Coast And Forms The Largest Contiguous Urban Area In East Sussex, With Over 139,000 People. The Conurbation Is Located 53 Miles South East Of London And 24 Miles East Of Lewes.<br>
<br>
The Long Established Churchfields Industrial Estate Is One Of The Principal Industrial Estates In Hastings And St Leonards, 3.1 Miles North West Of Hastings Town Centre. The A2690 Is Only Three Minutes Drive Away, And Links To Both The A21 And Towards The A259/a27 Coast Roads.<br>
<br>
There Is A Cluster Of Vacuum Technology Businesses In The Area Including Kurt J Lesker, Hivac Engineering, Torr Scientific And Photek.
Low Site Cover Only 28.6%<br>
Site Totals 6.471 Acres<br>
Three Modern Units Totalling C. 80,655 Sq Ft<br>
<br>
East Sussex Has A Population Of Arround 550,000, With C. 250,000 Jobs Generating An Economic Output Of £9.9bn, From C.23,000 Enterprises.<br>
<br>
Hastings, St Leonards And Bexhill Are Located On The South Coast And Forms The Largest Contiguous Urban Area In East Sussex, With Over 139,000 People. The Conurbation Is Located 53 Miles South East Of London And 24 Miles East Of Lewes.<br>
<br>
The Long Established Churchfields Industrial Estate Is One Of The Principal Industrial Estates In Hastings And St Leonards, 3.1 Miles North West Of Hastings Town Centre. The A2690 Is Only Three Minutes Drive Away, And Links To Both The A21 And Towards The A259/a27 Coast Roads.<br>
<br>
There Is A Cluster Of Vacuum Technology Businesses In The Area Including Kurt J Lesker, Hivac Engineering, Torr Scientific And Photek.
Location
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Stiles Harold Williams Partnership LLP
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Property ID: 160862
Investment For Sale, St. Leonards On Sea, East Sussex
£8,250,000 Freehold
Austin House Cirket House & Unit TX, Sidney Little Road, St. Leonards On Sea, East Sussex, TN38 9PU
Stiles Harold Williams Partnership LLP
View all properties
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Stiles Harold Williams Partnership LLP