Unit 12 , Castlegrove Business Park , Durban Road, Bognor Regis, Bognor Regis, PO22 9QT

** 12 MONTHS HALF RENT SUBJECT TO LEASE TERMS **

An opportunity to lease a substantial detached industrial unit of steel frame construction under a pitched sheet metal roof with translucent roof panels. The unit comprises
an open plan warehouse with offices to front with male and female WC block and small kitchenette. The property benefits from electric roller shutter door, LED lighting, 3 phase electricity and generous eaves height rising to 7.71m at the apex. There is a separate pedestrian entrance door leading to the offices which are presented in good condition benefitting from double glazed windows, carpeting throughout, ample power and data points with suspended ceiling and inset lighting. The property also benefits from unallocated parking to the front. This versatile unit would be suitable for a number of uses such as industrial storage/showroom, trade counter and manufacturing (subject to gaining any required planning consents and landlords prior written approval.

Location

Bognor Regis is a town and popular seaside resort in West Sussex situated 55 miles southwest of London, 24 miles west of the City of Brighton, 6 miles southeast of Chichester and 16 miles east of Portsmouth. The subject property is located off Durban Road on the established Castlegrove Business Park Estate. Durban Road is one of Bognor's Primary Industrial Areas with occupiers including Howdens, Tool Station, West Sussex County Council and Storage Mart situated close by. Bognor's mainline railway station with its regular services along the southcoast and north to London is approximately 1 mile to the south.

Accommodation

The property has the following approximate floor areas:

Warehouse 15,000 Sq Ft
Offices 1,792 Sq Ft
WC & Kitchen Block 622 Sq Ft
Total Area 17,414 Sq Ft

A letting of the whole or consideration would be given to splitting the unit to provide 5,000 Sq Ft & 10,000 Sq Ft warehouses respectively. Further details available upon request.

Tenure

The property is available by way of a new full repairing and insuring lease with terms to be negotiated and agreed.

Rent

£142,500 per annum exclusive of VAT

Please note that VAT may be charged on the quoting terms.

Business Rates

Interested parties are asked to contact Arun District Councils Business Rates Department directly to ascertain what the Rateable Value is for this unit.

Estate Service Charge

We are informed that the estate service charge is £5261 plus VAT per annum. We are advised that this is charged on a quarterly basis.

Buildings Insurance
We are informed that the current building insurance premium for this unit is £5353 per annum.

EPC

The property has a valid EPC with a rating of C61.

Legal Fees
Each party to pay their own legal costs unless otherwise agreed.