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AGENT'S DETAILS


Semi-rural investment opportunity

For sale: £750,000.00|5450 |Offices, Business park

PROPERTY DETAILS

FOR SALE£750,000.00
SIZE5450
ADDRESSUnits 1 - 8 Swanwood Park, Heathfield, TN21 0LL
TYPEOffices, Business park
TENUREInvestment Opportunity
POSTED ON23rd January 2020

DESCRIPTION

Swan Wood business park is located approximately 2 miles from the junction of the A22 (London to Eastbourne Road) and Nash Street, signposted Gun Hill and just north of the Gun Inn Public House. There are extensive grounds surrounding the units which are accessed from a private road with electric gate. Occupiers include Aequitas accountants in Units 1 – 4, Sasbah charity in Units 5 & 6, and Turner Tools in Unit 8. Unit 7 is currently vacant

Accommodation

The premises comprise single storey offices and business units in 2 blocks. Each unit being self contained having disabled compliant cloakroom, fitted kitchen area and air conditioning providing for heating and cooling. There is allocated car parking and visitor parking on site together with extensive grounds.

Schedule of tenancies

Tenant Passing rent (pa) Size (sq ft) Term (yrs) Expiry

Aequitas £23,000 2200 10 13/04/2026

Sasbah £10,500 1500 5 07/04/2023

Vacant £10500 (anticipated)

Turner Tools £8,500 770 6 04/12/2025

Total actual and anticipated income £52,500pa

Subject to obtaining any necessary consents it is considered possible to construct further business units at the estate.

Offered for sale freehold subject to the current leases. Offers sought in region of £750,000 representing a return of 7.00% before purchasers costs and based on current income. Offers considered

LOCATION

Location: Units 1 - 8 Swanwood Park, Heathfield, TN21 0LL

Berwick (5.6 miles)

Polegate (6.3 miles)

Buxted (6.9 miles)

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