Property details - Estate & Lettings Agents - Worthing & Sussex

£295,000

For Sale

Triangle Business Centre, Lancing Business Park, Lancing

Leasehold

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  • Office Suite For Sale
  • 24 Hour Access with Security Entry Phone System
  • Car Parking Available
  • DDA Compliant
  • Remainder of 999 Year Lease
  • Recently Refurbished

DESCRIPTION Located in a prominent position in Lancing Business Park, this two storey adjoining office space in Triangle Business Centre has recently been refurbished and comprises a generous open plan office area,  three further separate office/staff areas, large meeting room fitted kitchen, two storage rooms, shower room and fitted kitchen. Entry to unit is via the communal entrance to the first floor via stairs or lift or private self contained side access. 

Further benefits include 3 parking spaces, air conditioning, LED lighting and on-site communal facilities with the addition of external redecoration works scheduled to commence shortly.  

The property is currently being used as an office but could suit other uses (STNC).

The sale of individual units will be considered. Prices are as follows:

Unit - 11b Offers in region of £100,000
Unit 14 - Offers in excess of £215,000

LOCATION Triangle Business Centre is a prominent building situated in Lancing Business Park, with two entrances at the southern end of Western Road it offers easy access from the A27 at a major junction, or from the A259 coast road.

TENURE Long lease is for sale. 

PRICE Offers are invited in the region of £295,000 for the long leasehold interest.

EPC The property has an EPC rating of C - 51.

VAT We are informed that VAT is applicable on the terms quoted.

USE We understand the premises benefit from Class E use however, we would advise any potential tenant to check with the Planning Department to ascertain if their use is permitted.

LEGAL FEES Each party is responsible for their own legal fees in this transaction.

VIEWING Strictly by appointment with Sole Agents, Jacobs Steel.

BUSINESS RATES The rateable value from April 2023 provided by the Valuation Office Agency is £7500 for Unit 11b and £7100 for Unit 14 . The small business rates for the financial year (2023 - 2024) is 49.9p in the £ making the rates payable approx. £3742.50 for Unit 11b & £3542.90 for Unit 14. However, since the premises have a rateable value of lower than £12,000, occupiers can expect to benefit from 100% rate relief, subject to status.

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