1 Bedroom Light Industrial, Wedglen Industrial Estate, Midhurst, GU29
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Sold STC
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Sold STC
Wedglen Industrial Estate, Midhurst, GU29
£275,000
Property Details
An enticing Freehold Interest opportunity in Midhurst, West Sussex.
This expansive industrial unit, situated within the Wyndham Business Park, boasts over 2,200 sq ft (204 sq m) of space, complete with an additional mezzanine level currently utilised for storage purposes.
The unit features abundant workspace, accommodating upwards of three vehicles and class 4 lorries, alongside a floor-to-ceiling roller shutter door for easy access.
Inside, you'll find a partitioned reception and office space spanning 22 x 15 feet, complete with a conveniently incorporated W.C.
Outside, ample parking space is provided for numerous vehicles, along with a sizable storage area.
Business Rates
We advise interested parties to contact the Local Rating Authority for confirmation of the figures payable.
Tenancy
The property is currently let to Mid Sussex Tyres for a term of 10 years from 4 February 2022, at a current rent of £16,500 per annum on full repairing and insuring terms. A break clause exists for 4 February 2027.
VAT
VAT is not applicable on the terms quoted.
Legal Costs
Each party to be responsible for their own legal costs.
This expansive industrial unit, situated within the Wyndham Business Park, boasts over 2,200 sq ft (204 sq m) of space, complete with an additional mezzanine level currently utilised for storage purposes.
The unit features abundant workspace, accommodating upwards of three vehicles and class 4 lorries, alongside a floor-to-ceiling roller shutter door for easy access.
Inside, you'll find a partitioned reception and office space spanning 22 x 15 feet, complete with a conveniently incorporated W.C.
Outside, ample parking space is provided for numerous vehicles, along with a sizable storage area.
Business Rates
We advise interested parties to contact the Local Rating Authority for confirmation of the figures payable.
Tenancy
The property is currently let to Mid Sussex Tyres for a term of 10 years from 4 February 2022, at a current rent of £16,500 per annum on full repairing and insuring terms. A break clause exists for 4 February 2027.
VAT
VAT is not applicable on the terms quoted.
Legal Costs
Each party to be responsible for their own legal costs.
1
Bedrooms
1
Bathrooms
1
Reception






