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Plot 5b Terminus Rd 19,742 SF 100% Leased Industrial Building Chichester PO19 8DW $2,131,827 ($107.98/SF) 8.68% Cap Rate
INVESTMENT HIGHLIGHTS
- Established Industrial Location
- Easy Access from A27 Trunk Road
- Flood Risk Zone 1 (low probability)
EXECUTIVE SUMMARY
The property is set back from Terminus Road but has its own access entrance and the site can be secured. The building comprises a modern warehouse facility on the Terminus Road Industrial Estate built in the year 2001, originally to be occupied wholly by Becktech Ltd but designed to
have flexibility to be split and which now comprises two independent units.
Unit 1 has a total GIA of 12,105 sq ft (1,125 sq m), ignoring a small mezzanine in the south-western corner of the warehouse. The warehouse element totals 7,355 sq ft (683.27 sq m) of ground floor footprint. The purpose built office element to the side is two storey and comprises a total of 4,750 sq ft over two floors.
Unit 2 has total GIA of 7,637 sq ft (710 sq m) being a ground floor footprint of 4,400 sq ft (409 sq m) and a Landlords mezzanine floor of 3,237 sq ft (300 sq m) which comprises storage and offices. The unit also benefits from a yard area to the front of the building for parking and loading.
Both units have dedicated parking (total 39 spaces) loading and lorry parking
Minimum 6.5m (21ft) eaves height (9.42 m/31 ft. at apex)
Mixture of open plan and individual offices to Unit 1
Secure yard
Total site area of 0.382 hectares (0.95 acres)
All mains utilities including Three Phase Electricity Supply
have flexibility to be split and which now comprises two independent units.
Unit 1 has a total GIA of 12,105 sq ft (1,125 sq m), ignoring a small mezzanine in the south-western corner of the warehouse. The warehouse element totals 7,355 sq ft (683.27 sq m) of ground floor footprint. The purpose built office element to the side is two storey and comprises a total of 4,750 sq ft over two floors.
Unit 2 has total GIA of 7,637 sq ft (710 sq m) being a ground floor footprint of 4,400 sq ft (409 sq m) and a Landlords mezzanine floor of 3,237 sq ft (300 sq m) which comprises storage and offices. The unit also benefits from a yard area to the front of the building for parking and loading.
Both units have dedicated parking (total 39 spaces) loading and lorry parking
Minimum 6.5m (21ft) eaves height (9.42 m/31 ft. at apex)
Mixture of open plan and individual offices to Unit 1
Secure yard
Total site area of 0.382 hectares (0.95 acres)
All mains utilities including Three Phase Electricity Supply
PROPERTY FACTS Sale Pending
| Price | $2,131,827 | Lot Size | 0.94 AC |
| Price Per SF | $107.98 | Rentable Building Area | 19,742 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 8.68% | Year Built | 2003 |
| Tenure | Long Leasehold | Parking Ratio | 1.98/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 21’ (6.40 m) |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 2 |
| Building Class | B |
| Price | $2,131,827 |
| Price Per SF | $107.98 |
| Sale Type | Investment |
| Cap Rate | 8.68% |
| Tenure | Long Leasehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.94 AC |
| Rentable Building Area | 19,742 SF |
| No. Stories | 2 |
| Year Built | 2003 |
| Parking Ratio | 1.98/1,000 SF |
| Clear Ceiling Height | 21’ (6.40 m) |
| No. Dock-High Doors/Loading | 2 |
AMENITIES
- Fenced Lot
- Yard
- Automatic Blinds
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Plot 5b | Terminus Rd
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