Warehouse / Light Industrial Unit Available to Let or For Sale in Chichester, West Sussex - High Specification Unit with Parking.
Unit M60 is an excellent, high quality industrial / warehouse unit benefitting from brick elevations and micro rib cladding. The unit provides ground floor warehouse accommodation with further storage or office space available on the first floor mezzanine level.
Location
The Cathedral city of Chichester is located approximately 65 miles southwest of London, 15 miles east of Portsmouth and 30 miles west of the city of Brighton. The city has excellent road communications being situated on the A27 which runs east to Worthing & Brighton and west to Portsmouth and Southampton where it connects with the M27 and M3 motorways. Glenmore Business Park was constructed in 2016 and is a commercial development over 10.34 acres situated on the A27 adjacent to the Portfield Retail Park which is home to national occupiers such as John Lewis, M&S, Homesense, Halfords and Dunelm Mill.
Accommodation
Ground Floor Warehouse - 1,341 sq ft (124 sq m)
First Floor Mezzanine - 672 sq ft (63 sq m)
Total - 2,013 sq ft (187 sq m)
Terms
Terms - The property is available by way of a new effective FR&I Lease for a terms to be negotiated and agreed. Alternatively, the freehold is available with full vacant possession upon completion.
Business Rates - According to the VOA (Valuation Office Agency) the unit has a rateable value of £17,000. Interested parties are asked to verify this information with Chichester District Council prior to any viewing.
Estate Service Charge & Buildings Insurance - The unit is liable for an estate service charge in the region of £853.80 + VAT per annum. This includes landscaping, communal signage, general repairs and maintenance, refuse and clearance, common parts utilities, common parts insurance, sinking fund, accountancy and management fees.
The buildings insurance is circa £517.18 per annum. Further details available upon request.
Rent - £19,000 Per Annum Exclusive (Year 1), £20,000 Per Annum Exclusive (Year 2), £20,500 Per Annum Exclusive (Year 3), £21,000 Per Annum Exclusive (Year 4), £22,000 Per Annum Exclusive (Year 5)
Guide Price - £325,000
VAT - To be charged on the quoting terms
Legal Fees - Each party to pay their own fees
EPC - B(44)
Specification
- Situated on Popular Glenmore Business Park, Chichester
- Just Off Main A27 Opposite Portfield Retail Park (Currys, M&S Food, Dunelm Mill & John Lewis)
- Suit Variety of Commercial Uses (stpc)
- Ground Floor Warehouse with First Floor Office / Storage
- Presented in Excellent Condition Ready For Immediate Tenant Fit Out
- Constructed By Glenmore Group in 2018