Available
Available
For Sale
Square foot size
113786
Spring Copse Business Park, Horsham
Offers in excess of £14,000,000
Spring Copse Business Park, Stane Street, Horsham, RH13 0SZ
- Opportunity to acquire a long established multi let industrial / warehouse development
- Established South East industrial estate
- Total GIA of 113,786 sq ft with additional c.0.8 acre IOS
- 8.436 acre site
- Total passing rent of £1,114,292 per annum
- Fully Let to 5 tenants
- WAULT of 13.07 years to expiry and 8.44 years to break
- Seeking offers in excess of £14,000,000 (Fourteen million) reflecting a Net Initial Yield of 7.46%, assuming standard purchasers costs of 6.73%
FREEHOLD MULTI-LET INDUSTRIAL & IOS INVESTMENT
The site is currently accessed by an entrance from Stane Street. The road/yard surfaces of the site comprise a mixture of tarmac and concrete finishes with access provided to the central parts of the site via a single circular roadway. The parking areas are distributed throughout the site, whereby each occupier has good parking provision well suited to the various uses. Only the front eastern section of the site
currently lies undeveloped and this currently provides industrial open storage (IOS).
Bournemouth