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95 Commerce Way
Lancing BN15 8UP
The Triangle Business Centre · Flex Property For Sale · 50,796 SF
INVESTMENT HIGHLIGHTS
- Good road connections
- Amenities nearby
- Close to seafront
EXECUTIVE SUMMARY
Triangle Business Centre is situated at the front of the popular Lancing Business Park, between Brighton and Worthing. Conveniently accessible to Lancing town centre, railway station, bus services, the A259 coast road and A27.
PROPERTY FACTS
| Unit Size | 1,505 SF | Building Class | B |
| No. Units | 1 | Number of Floors | 3 |
| Total Building Size | 50,796 SF | Typical Floor Size | 11,175 SF |
| Property Type | Flex (Unit) | Year Built | 1965 |
| Property Subtype | Light Manufacturing | Lot Size | 3.90 AC |
| Sale Type | Investment | Parking Ratio | 0.39/1,000 SF |
| Unit Size | 1,505 SF |
| No. Units | 1 |
| Total Building Size | 50,796 SF |
| Property Type | Flex (Unit) |
| Property Subtype | Light Manufacturing |
| Sale Type | Investment |
| Building Class | B |
| Number of Floors | 3 |
| Typical Floor Size | 11,175 SF |
| Year Built | 1965 |
| Lot Size | 3.90 AC |
| Parking Ratio | 0.39/1,000 SF |
1 UNIT AVAILABLE
Unit Unit 2
| Unit Size | 1,505 SF | Tenure | Freehold/Long Leasehold |
| Unit Use | Office | Net Initial Yield | 6.50% |
| Sale Type | Investment | NOI | £14,625 |
| Unit Size | 1,505 SF |
| Unit Use | Office |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
| Net Initial Yield | 6.50% |
| NOI | £14,625 |
DESCRIPTION
The property is located on the ground floor, accessed via the main communal entrance and double loading doors. The ground floor is currently open plan with a WC. Stairs lead to the first floor and comprises of two offices/stores with a further WC. The property also benefits from 2 parking spaces.
SALE NOTES
Located on the corner of the building, The unit is let on a lease for a term of 5 years from May 2023 at a rent of £15,000 per annum, exclusive.
AMENITIES
- 24 Hour Access
- Security System
- Accent Lighting
- Storage Space
- Recessed Lighting
- Air Conditioning
UTILITIES
- Heating - Electric
