Modern semi-rural office investment opportunity
The Long Barn, Ashdown Business Park, Gillridge Lane, Crowborough, TN6 1UP
£650,000 plus VAT
349.4 sq m (3750 sq ft)
New
or call 01825 762222 or 0845 431 0314
Key Features:
- Fully let investment opportunity
- Modern air conditioned accommodation
- Ample car parking
Description:
Gillridge Lane is accessed off London Road, close to the centre of Crowborough. The lane leads to the Ashdown Business Park comprising three buildings, all of which are let. Other tenants at the development include The Warren children’s day nursery and Starjumpz children’s therapy centre.
The Long barn comprises the building fronting the access road. It is divided into 3 suites, 2 to the ground floor and 1 on the first floor with shared cloakroom facilities.
First floor suite (3 / 4) is let to HPS Civils Limited together with the left hand ground floor suite (1). The remain ground floor right suite (2) is let to Paragon Bamboo Limited.
Ground floor left suite (1) overall 72.8 sq m (777 sq ft) dual aspect with door out to car park. Carpeted and air conditioned
Ground floor right suite (2) overall 96.4 sq m (1041 sq ft) comprising a series of offices together with fitted kitchen. The suite is air conditioned and carpeted.
1st floor suite (3 / 4) overall 180.2 sq m (1932 sq ft) divided to form 8 offices accessed from a central corridor plus kitchen. The suite is air conditioned and carpeted.
There are shared male, female and disabled cloakroom facilities to the ground floor for use by all tenants of the Long Barn only.
Car parking is provided to the front and side of the building with allocated spaces to each suite in marked bays.
Tenancies:
Suite 1 is let to HPS Civils Limited for a term of 5 years from July 2021 with rent review July 2024 and tenant break option at 2024. A rent deposit is held. The letting is excluded from the renewal provision of the landlord & Tenant Act 1954
Suite 2 is let to Paragon Bamboo Limited for a term of 6 years from November 2020. A Rent deposit is held. The letting is excluded from the renewal provisions of the Landlord & Tenant Act 1954
Suite 3 / 4 is let to HPS Civils Limited for a term of 5 years from August 2021 with rent review August 2024. A rent deposit is held There is a tenant break option in August 2024. The letting is excluded from the renewal provisions of the Landlord & Tenant Act 1954
Total income currently £44,500pa plus VAT and service charge
Offered for sale freehold subject to the above tenancies. Offers sought in the region of £650,000 representing a return before purchasers costs of 6.85%
EPC Rating: B
Potential Broadband Speed:
Based on the postcode, Ofcom indicate that the fastest available broadband speed is:
Download 36Mb/s
Upload 6Mb/s
Note: This information is given as a guide only and without liability. Speeds are not guaranteed. The provision of a Broadband connection is not included in any property unless specifically stated. Applicants should verify available speeds with their chosen supplier.