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Just added
Freehold
Non quoting
Industrial for sale
Unit 4, Diplocks Building, Hailsham BN276,263 sq. ft
Local area information
Property location
Nearby amenities
- Burfield Academy 0.4 miles
- Hailsham Community College 0.5 miles
- Polegate 2.7 miles
- Berwick (Sussex) 3.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Hailsham to find out more about the local area.
Features and description
- Freehold
- Great opportunity to purchase a reversionary investment
- Excellent investment opportunity
- Established Diplocks Way trading estate in Hailsham
- Opportunity for rental growth
Description
The premises comprises a purpose built mid terraced unit being open plan with full height roller shutter door to front. A structural first floor to the front provides for staff room/canteen accommodation and a more recent mezzanine addition provides for storage space and an office. Cloakrooms are available at both ground and first floors.
Areas of accommodation:
Ground floor warehouse 526 3 sq m (5,665 sq ft)
First floor 55.5 sq m (598 sq ft)
Total 581.8 sq m (6,263 sq ft)
External front yard/car parking.
The premises are held under the terms of a 12 year fully repairing and insuring lease from 2023, expiring October 2035 to Unibloc Hygienic Technologies UK Limited. The lease is contracted within the security of tenure provisions of the Landlord & Tenant Act 1954. There are 4 yearly market rent reviews together with a tenant only break option at 6th anniversary of the term subject to 12 months prior written notice. The passing rent is £50,000pa representing a rate in the region of £8.00 per square foot overall. A copy of the lease can be made to seriously interested parties.
Offered for sale freehold subject to the current lease. Offers sought in the region of £700,000 representing a return exclusive of purchasers costs in the region of 7.14%. We are advised the premises isn’t elected for VAT.
Location
Modern mid terrace warehouse/industrial unit for sale located in the heart of Diplocks Way Business Park, Hailsham. The unit benefits from perimeter fencing. The estate is accessed directly from the main A22 London to Eastbourne road.
The premises comprises a purpose built mid terraced unit being open plan with full height roller shutter door to front. A structural first floor to the front provides for staff room/canteen accommodation and a more recent mezzanine addition provides for storage space and an office. Cloakrooms are available at both ground and first floors.
Areas of accommodation:
Ground floor warehouse 526 3 sq m (5,665 sq ft)
First floor 55.5 sq m (598 sq ft)
Total 581.8 sq m (6,263 sq ft)
External front yard/car parking.
The premises are held under the terms of a 12 year fully repairing and insuring lease from 2023, expiring October 2035 to Unibloc Hygienic Technologies UK Limited. The lease is contracted within the security of tenure provisions of the Landlord & Tenant Act 1954. There are 4 yearly market rent reviews together with a tenant only break option at 6th anniversary of the term subject to 12 months prior written notice. The passing rent is £50,000pa representing a rate in the region of £8.00 per square foot overall. A copy of the lease can be made to seriously interested parties.
Offered for sale freehold subject to the current lease. Offers sought in the region of £700,000 representing a return exclusive of purchasers costs in the region of 7.14%. We are advised the premises isn’t elected for VAT.
Location
Modern mid terrace warehouse/industrial unit for sale located in the heart of Diplocks Way Business Park, Hailsham. The unit benefits from perimeter fencing. The estate is accessed directly from the main A22 London to Eastbourne road.
More information
Listed by
Oldfield Smith
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