Plot 29 Terminus Road, Chichester PO19 8TX
Term
inus
A27
FOR SALE/TO LET Agency |
Road
Sui Generis / Light Industrial Warehouse Unit 1,208.5 sq m (13,008 sq ft) 0.64 Acre Site
Lease Advisory |
Management |
Valuation |
Investment |
Development
Plot 29 Terminus Road, Chichester PO19 8TX
Key Features • Situated on established industrial estate • Total GIA 1,208.47 sq ft (13,008 sq ft) • Easy access to A27 Chichester By-Pass • Close to city centre & Chichester Station • Frontage units Terminus Road • Nearby occupiers include Howdens, Dairy Crest & Ford • Good sized yard for loading and parking • Extensive internal fit out by previous tenants • New lease available • Consideration will be given to selling the long leasehold interest.
Location The property is situated on the Terminus Road Industrial Estate, an established industrial and commercial area to the south west of Chichester city centre. Terminus Road is occupied by a variety of occupiers including Harwoods Aston Martin, Hendy Ford, AE Parker, St Wilfrid’s Hospice and Jewson. Both Chichester railway station and the city centre are located within walking distance and road communications are also good with Terminus Road running to the A27 Chichester By-Pass at the Fishbourne roundabout.
Flude Commercial | Chichester | West Sussex PO19 1ES
Plot 29 Terminus Road, Chichester PO19 8TX
The Old Post, OfficeMain Road, Nutbourne PO18 8RL
Accommodation We have measured the accommodation to have the following approximate gross internal floor areas: Area Sq m Warehouse accommodation 936.68 First Floor Offices 271.79 Total 1,208.47
Sq ft 10,083 2,925 13,008
The total site area extends to 0.636 acres approximately.
Description The property comprises a steel-portal framed building purpose built for the previous use as an Ambulance Station. Its ground floor is full height for the unit’s entire depth on its western side, with loading doors at either end. To its eastern side, a first floor has been constructed to provide staff facilities and office accommodation and benefits from suspended ceilings with fluorescent lighting, double glazed windows and gas central heating. Loading is provided through two electric roller shutter doors located on the north and south facing elevations, approximately 3.48m wide by 4.17m high. The building benefits from a rear yard and parking area with 28 marked spaces accessed from Leigh Road. There is also a forecourt, loading bay and three parking spaces to the front giving direct frontage and access to Terminus Road. Artist’s impression The property benefits from an extensive internal fit out and the following amenities: • 2 electric roller shutter loading doors • Office accommodation • Eaves height 6.24m (max) • Separate personnel door • 3 phase electricity • Kitchen • Gas supply • Separate male & female WC facilities • Fluorescent lighting • Rear yard & parking area with 28 marked spaces • Central heating
Flude Commercial | Chichester | West Sussex PO19 1ES
Plot 29 Terminus Road, Chichester PO19 8TX Location Maps Terminus Road
Flude Commercial | Chichester | West Sussex PO19 1ES
Plot 29 Terminus Road, Chichester PO19 8TX
Terms Leasehold The property is available to let by way of new effectively full repairing and insuring lease for a term to be agreed. Rent on application. Long Leasehold For Sale Alternatively the long leasehold interest is available For Sale, with vacant possession. The property is held on a ground lease by Chichester District Council for a term expiring on 20 September 2132 (116 years unexpired) at a rent of £3,840 per annum exclusive, with the provision for 5 yearly upward only reviews to 4% of the open market rental value of the premises. For rent review purposes it is assumed that the premise comprise 12,000 sq ft of modern industrial space with 10% office content. Price on application. Planning A planning permission was granted for a change of use to B1 and/or B8 uses. (Granted 27th March 2015 CC/14/04285/COU) The current planning use for the unit is as an ambulance station (Sui Generis).
Legal Fees Each party to bear their own legal costs incurred. Viewings and Further Information Please contact the sole agents Flude Commercial: Please contact: Mark Minchell MRICS Email:
[email protected] Telephone: 01243 819000 Or Jonathan Manhire MRICS Email:
[email protected] Telephone: 01243 819000
EPC Available on request Business Rates Rateable value: £89,500 UBR for year ending 31.03.16: 49.3p in the £ Rates payable 2015/16: £43,139
Flude Commercial for themselves and for the vendors or lessors of this property whose agents they are give notice that: i) these particulars are set out in good faith and are believed to be correct but their accuracy cannot be guaranteed and they do not form any part of any contract; ii) no person in the employment of Flude Commercial has any authority to make or give any representation or warranty whatsoever in relation to this property.
We advise interested parties to make their own enquiries to the local authority to verify the above and the level of business rates payable in view of possible transitional arrangements and small business relief.
11 October 2016: Awaiting client approval
Flude Commercial | Chichester | West Sussex PO19 1ES