Oldfield Smith & Co have secured the sale of a terrace of 4 industrial/warehouse units on a popular Crowborough trading estate in Sybron Way.
Unit 1, currently vacant has an overall area of 135.7 sq m (1458 sq ft). A new lease has been agreed on quoting terms and is anticipated to complete shortly.
Unit 2, let to Trowbridge gallery has an overall area of 130.4 sq m (1408 sq ft).
Unit 3, also let to Trowbridge gallery has an overall area of 131.1 sq m (1406 sq ft).
Unit 4, let to K & M UK Limited, Citroen and Peugeot car repairers has an overall area of 138.3 sq m (1496 sq ft)
The anticipated rent at unit 1, together with passing rents at units 2 & 3 and 4 equates to £66,160.00.
In addition there is a substantial car park to the front with potential, subject to obtaining any necessary consents, for further development.
The freehold has been sold, subject to the above tenancies, at a figure in excess of that being quoted.
We were extremely encouraged with the amount of interest that was generated in this investment during the unusual economic climate and are still selling and letting commercial property both locally and further afield. If you have any commercial property available to either let or sell please do get in touch. We have waiting applicants keen to secure premises. Please call us on 01825 762222.
