28 Cecil Pashley Way | Shoreham By Sea BN43 5FF
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28 Cecil Pashley Way
Shoreham By Sea BN43 5FF
Light Industrial Property For Sale
Investment Highlights
- Modern, purpose built hangar
- Substantial hangar loading doors allowing aeroplane access
- Situated on Brighton City Airport with excellent access to the A27
Executive Summary
The property comprises a standalone purpose built self-contained hangar / industrial building.
There is a single storey construction of office, kitchen and WC facilities along the southern elevation of the building, where the main personnel entrance is located. The area above the offices can be used for storage. Beyond the offices is an open plan well-presented industrial / warehouse / hangar space.
There is a substantial loading / hangar door to the northern elevation accessing onto the apron and taxiway which allows the unit to be used for aircraft hangar purposes.
The demise includes a 20 metre x 20 metre hard surfaced apron to the north of the unit for aircraft parking. To the south and east elevations of the unit there are car parking / yard areas.
The interest is a long lease for a term of 125 years from the 24th May 2000. The current ground rent is £7,000 per annum, with 5 yearly rent reviews upward only and settled at 20% of the estimated market rent. The 2020 ground rent review is currently under negotiation.
-NB- The permitted use within the head lease is for aviation related purposes.
A copy of the head lease can be made available upon request.
There is a single storey construction of office, kitchen and WC facilities along the southern elevation of the building, where the main personnel entrance is located. The area above the offices can be used for storage. Beyond the offices is an open plan well-presented industrial / warehouse / hangar space.
There is a substantial loading / hangar door to the northern elevation accessing onto the apron and taxiway which allows the unit to be used for aircraft hangar purposes.
The demise includes a 20 metre x 20 metre hard surfaced apron to the north of the unit for aircraft parking. To the south and east elevations of the unit there are car parking / yard areas.
The interest is a long lease for a term of 125 years from the 24th May 2000. The current ground rent is £7,000 per annum, with 5 yearly rent reviews upward only and settled at 20% of the estimated market rent. The 2020 ground rent review is currently under negotiation.
-NB- The permitted use within the head lease is for aviation related purposes.
A copy of the head lease can be made available upon request.
PROPERTY FACTS
| Sale Type | Owner User | Rentable Building Area | 4,184 SF |
| Tenure | Long Leasehold | Number of Floors | 1 |
| Property Type | Light Industrial | Year Built | 2000 |
| Lot Size | 243.05 AC | Tenancy | Single |
| Sale Type | Owner User |
| Tenure | Long Leasehold |
| Property Type | Light Industrial |
| Lot Size | 243.05 AC |
| Rentable Building Area | 4,184 SF |
| Number of Floors | 1 |
| Year Built | 2000 |
| Tenancy | Single |
Amenities
- Yard
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