Commerce Way, Lancing Business Park, Lancing, BN15 8UP
Property Features
- Investment Opportunity
- Producing £15,000pax
- Popular Lancing Business Park
- Let on a five year lease from May 2023
- Net initial yield of 6.5%
Property Summary
Located on the corner of the building, the unit offers ground floor access via the main communal entrance and double loading doors. The ground floor is currently open plan with a WC. Stairs lead to the first floor and comprises of two offices/stores with a further WC. The property also benefits from 2 parking spaces.
Full Details
Located on the corner of the building, The unit is let on a lease for a term of 5 years from May 2023 at a rent of £15,000 per annum, exclusive. The property is located on the ground floor, accessed via the main communal entrance and double loading doors. The ground floor is currently open plan with a WC. Stairs lead to the first floor and comprises of two offices/stores with a further WC. The property also benefits from 2 parking spaces.
Approximate Total Area: 1,505sqft
EPC: The property has an EPC rating of E.
Terms - Offers are invited in the region of £225,000 for the remainder of a 999 year lease.
VAT - We are informed that VAT is not applicable on the terms quoted.
Legal Costs - Each party is responsible for their own legal fees in this transaction
Parking - Two parking spaces
LOCATION - Triangle Business Centre is situated at the front of the popular Lancing Business Park, between Brighton and Worthing. Conveniently accessible to Lancing town centre, railway station, bus services, the A259 coast road and A27.
Viewing: Strictly by appointment with Sole Agents, Jacobs Steel.
Contact:
Leigh Doherty
Commercial Manager
t: 01903 792785 / e: leighdoherty@jacobs-steel.co.uk