1 & 41 Harwood Rd Rd | Littlehampton BN17 7AT
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1 & 41 Harwood Rd Rd
Littlehampton BN17 7AT
Harwood Road Industrial Estate · Industrial Property For Sale
Investment Highlights
- Littlehampton is a popular seaside town with excellent road and rail links.
- Over the last few years, the buildings have been extensively refurbished, including re-cladding and re-roofing.
- On completion the site will be fully let to Inpress Precision Limited on a 10 year FRI lease.
- Sale and leaseback comprises of 5 industrial warehouse units situated at the front of the popular Harwood Road industrial estate.
- The site is 1.5 acres and currently comprises of buildings of 39,377 sq ft (3,658 sq m).
Executive Summary
The sale is subject to a simultaneous leaseback to the current freeholders Inpress Precision Limited. The lease is drafted on the basis of a 10 year FR&I lease of the entire site and an upward only rent review at the 5th year anniversary date. The rent is £325,000 per annum exclusive of VAT. Further details available upon request
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 1.50 AC |
| Tenure | Freehold | Rentable Building Area | 39,377 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1970 |
| Building Class | B |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.50 AC |
| Rentable Building Area | 39,377 SF |
| No. Stories | 1 |
| Year Built | 1970 |
Amenities
- Air Conditioning
Utilities
- Lighting
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