Instructions

GUNNEBO ENTRANCE CONTROL LTD, THE GATE HOUSE, ASHDOWN BUSINESS PARK, MARESFIELD, EAST SUSSEX TN22 2DU

SOLD

Details:

Brand new, prime B1, B2 & B8 investment.

  • Well located and attractive south east business park setting.
  • Newly constructed B1, B2 & B8 unit of 19,160 sq ft GIA.
  • High standard of specification, design and fit-out.
  • Adjoins John Lewis Partnership distribution unit.
  • Securely let to Gunnebo Entrance Control Ltd (D&B – 1A1) for 15 years from March 2018 (T.O.B. March 2028).
  • Initial rental – £177,000 pa (£9.23 psf).
  • Five yearly upwards only rent reviews to higher of uncapped RPI or CPI.
  • Parent Company Guarantee from Gunnebo AB (D&B- AA).
  • Freehold
  • Offers in excess of £3,200,000, exclusive of VAT.
  • Initial yield of 5.2% (net of 6.47% Purchaser’s Costs)

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Gunnebo Entrance Control Ltd, The Gate House, Ashdown Business Park, Maresfield, East Sussex, TN22 2DU