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Cecil Pashley Way - Hangar 4 and 4A 11,910 SF Industrial Condo Unit Offered at $1,204,577 in Shoreham By Sea BN43 5FF
INVESTMENT HIGHLIGHTS
- Suit Owner Occupier or Investor
- Potential To Break Up Into 2 Units If Required
- Suit Owner Occupier or Investor
EXECUTIVE SUMMARY
A rare opportunity to purchase a substantial warehouse situated on a plot of approx 0.647 acres on the popular Brighton City Airport in Shoreham, West Sussex. The property is of modern steel portal frame with UPVC double glazed windows throughout. The property benefits from multiple points of entry with the main reception area currently being on the eastern side leading to attractive open plan reception area with views out onto the airfield. The reception area has a small kitchen and WC facilities and leads onto the main open plan warehouse.
PROPERTY FACTS Under Contract
| Total Building Size | 28,692 SF | Typical Floor Size | 14,368 SF |
| Property Type | Industrial (Condo) | Year Built | 2003 |
| Property Subtype | Warehouse | Lot Size | 1.73 AC |
| Building Class | B | Parking Ratio | 0.98/1,000 SF |
| Floors | 2 |
| Total Building Size | 28,692 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 14,368 SF |
| Year Built | 2003 |
| Lot Size | 1.73 AC |
| Parking Ratio | 0.98/1,000 SF |
AMENITIES
- Security System
1 UNIT AVAILABLE
Unit 4
| Unit Size | 11,910 SF | Tenure | Long Leasehold |
| Price | $1,204,577 | Sale Status | Under Contract |
| Price Per SF | $101.14 | Cap Rate | 8.33% |
| Condo Use | Industrial | NOI | $100,341.30 |
| Sale Type | Investment or Owner User |
| Unit Size | 11,910 SF |
| Price | $1,204,577 |
| Price Per SF | $101.14 |
| Condo Use | Industrial |
| Sale Type | Investment or Owner User |
| Tenure | Long Leasehold |
| Sale Status | Under Contract |
| Cap Rate | 8.33% |
| NOI | $100,341.30 |
DESCRIPTION
A rare opportunity to purchase a substantial warehouse situated on a plot of approx 0.647 acres on the popular Brighton City Airport in Shoreham, West Sussex. The property is of modern steel portal frame with UPVC double glazed windows throughout. The property benefits from multiple points of entry with the main reception area currently being on the eastern side leading to attractive open plan reception area with views out onto the airfield. The reception area has a small kitchen and WC facilities and leads onto the main open
plan warehouse. The main warehouse benefits from 4x roller shutter
/ up and over doors, concrete flooring, sodium lighting, three phase
electricity and superb 20ft eaves height. Beyond the main
warehouse is a secondary warehouse which has currently been used more for retail trade with a further roller shutter door. The first floor of the property is used as offices and are split into two sections. The front section provides largely open plan office accommodation that benefits from carpeting, spot lighting, ample data and
electrical points with superb views over the airfield. The second section which is located at the rear of the property p
SALE NOTES
Rare Opportunity To Purchase Long leasehold Interest, Available With Full Vacant Possession
Presented by
Cecil Pashley Way - Hangar 4 and 4A
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