Description

LOCATION
The units are located on the well-established Lancing Business Park, situated on Chartwell Road which is the main ring road around the estate, other occupiers of the estate include, NHS, Shoreham care auctions, Paula Rosa- Manhattan Kitchens, Europcar & Scout Shops.The business centre comprises of a number of units varying from business use to a gym and gymnastics club. Lancing has good access to the main A259 coastal road and A27 linking to Chichester and Brighton.

DESCRIPTION
The units are arranged as mixed office and business space with unit 4 coming fully fitted for an office based user throughout, heating and cooling units are fitted throughout the unit, cat 5 cabling and suspended ceilings are additionally fitted throughout with Cat 2 lighting and ladies and gents W.C’s as well as kitchenette area. Unit 5 has an open plan ground floor space suitable for workshop/ storage or industrial users, both units come with full height roller shutter doors and pedestrian access via glazed entrances, allocated parking is also provided for each unit.

Unit 4
Ground: 2,176.47sq.ft
1st Floor: 1,912.92sq.ft Total: 4,089.39sq.ft
Rental: £64,133.93pa
Service Charge:£1,282.68 per ¼

Unit 5
Ground: 2,171.10sq.ft
1st Floor: 1,025.42sq.ft Total 3,421.67sq.ft
Rental: £33,903.84pa
Service Charge: £678.08 per ¼

LEASE
The units are available by way of lease assignment, with the leases expiring on 9th March 2018. We understand that a new lease would be available from the landlord, for interested parties looking for a longer term.

LEGAL COSTS
Each party will be responsible for their own legal costs in relation to this transaction, however an undertaking will be required for costs should the transaction be aborted.

BUSINESS RATES
We are advised that unit 5 currently has a rateable value of £23,750 unit 4 is currently being re-assessed. Interested parties should contact the local council to confirm the rates payable and if they are eligible for any rates relief.