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Investment For Sale

Austin House, Cirket House & Unit TX, Churchfields Industrial Estate, Sidney Little Road, St. Leonards-On-Sea, East Sussex, TN38 9PU

Shortlist +
80,655 sq ft (7,492.85 sq m)
£
For Sale - £8,250,000 Freehold

Key Features

Freehold, SE warehouse/industrial buildings - 3 modern units totalling c. 80,655 sq ft
Low site cover only 28.6%, Site totals 6.471 acres
Let to two very strong covenants in the Defence and Vacuum Technologies sectors
Capacity to extend existing or accommodate more buildings on site
Rents reserved now £662,602 pa. Rents reserved from April 2027 onwards at £707,729 pa
Further fixed increases annually on Unit TX, see tenancy schedule
Opportunity to purchase now with low rent and to pursue future growth
The occupiers, GDUK and KJL have been on site since 1997 and 2010 respectively
Opportunity to purchase now with low rent and to pursue future growth. Industrial occupiers in 3.5m sq ft nearby keen to trade up into better quality units such as these