Property ID : U2 Hampers
Commercial Properties For Sale, Investment Property £110,000 Price Guide - Commercial Investment, Commercial Office, Leasehold, Light Industry, Storage
HAMPERS COMMON INDUSTRIAL ESTATE,
PETWORTH, WEST SUSSEX
PRICE GUIDE £110,000
A LOCK UP UNIT OF AROUND 105 sq mt WITH SEPARATE CLOAKROOM & KITCHEN ALCOVE.
FORECOURT PARKING FOR AT LEAST TWO CARS.
A leasehold lock up unit on a small industrial estate on the northern tip of Petworth. The unit comprises of a large open plan single storey space with a separate cloakroom. Electric and Water are both connected.
A single door entrance plus a double width entrance with a horizontal shutter door.
The lease is 125 years from 1982, 90 years unexpired.
For the estate are set at a %, average cost is around £50 per quarter of a year.
The base rate for this property is £67.50 per m²/unit.
As a rental investment we would recommend a rent of £7200 pa (inc VAT) with a ground rent charge of 10% of the passing rent. This would achieve a gross yield per annum of 6.5%. As a commercial building this could be considered as a SIPP investment*.
Petworth is a Medieval market town set within the pretty countryside and still holds on to its past with winding lanes and historical buildings. One such famous building is Petworth House, a 17th Century mansion set within stunning and beautiful Deer Parks designed by Capability Brown and lies just north of the South Downs within the South Downs National Park. It has a good range of shops for everyday needs, three churches, tennis court, bowling green, cricket and football pitches. Golf is at Goodwood, Cowdray and an 18 hole course two miles north of Petworth.
There are excellent independent schools close by; Conifers at Midhurst is for children up to 11 years, Seaford College and Prep School 3 miles away. Pulborough mainline station (serving the coast, Gatwick and Victoria and London Bridge 70 minutes) is 4 miles and Haslemere station (Waterloo 60 minutes) is 10 miles away. Chichester and the coast with the yacht basin and the cathedral city with its excellent shops, supermarkets and Festival Theatre lies approximately 14 miles to the south.
ENERGY PERFORMANCE CERTIFICATE TO BE COMPLETED
The Energy Efficiency Rating is a measure of the overall efficiency of the property. The higher the rating the more energy efficient the property is and the lower the fuel bills are likely to be. The environment impact rating is a measure of the properties impact on the environment in terms of carbon dioxide (CO) emissions. The higher the rating the less impact on the environment.
From Rosewarnes in Market Square in Petworth proceed North on the A272,continue over the
mini roundabout on to the A283 past The Stonemasons Arms, turn right signposted Balls Cross
and immediately right again into Hampers Common Industrial Estate and the unit will be seen on
Strictly by appointment with Rosewarnes Estate Agents, Tel. Petworth (01798) 344134
*Please consult with a professional on SIPP investments, this is only our opinion.