Ashdown Business Park investment opportunity

22nd March 2021

Oldfield Smith have available for sale freehold premises forming part of the Ashdown Business Park occupying a semi-rural position along Gillridge Lane in Crowborough. The Lane joins London Road which then leads to Crowborough Cross, the junction of the main A26 and town centre.

The Old Saw Mill, Ashdown Business Park, Crowborough for sale via Oldfield Smith & Co.

The premises comprise a linked building over 3 floors plus basement. It has been fitted out to a high standard to include a passenger lift. There are large picture windows to the north taking advantage of spectacular views over open country.

The net internal floor areas are as follows:

Basement – 43.07 sq m (464 sq ft) housing a gas boiler.

Ground floor – 118.32 sq m (1274 sq ft) arranged as a reception, series of offices/therapy rooms, kitchen and cloakrooms plus a lift access.

First floor – 134.07 sq m (1443 sq ft) arranged as offices/therapy rooms, kitchen and a lift access.

Second floor – 45.27 sq m (487 sq ft) arranged as offices and stores plus a kitchen.

The total usable area is 340.73 sq m (3668 sq ft).  There is car parking to the rear of the building.

The premises are let for a term of 15 years from April 2016, subject to 5 yearly rent reviews.  The passing rent is £32,500pa., (April 2021 review settled).  The tenant is Starjumpz Childrens therapy centre. Further information regarding this tenant can be found at their web site: starjumpz.com

In addition to the rent there is a service charge payable by the tenant for maintenance of the business park grounds.

Offered for sale freehold, subject to the above lease and representing a return before purchasers costs of 6.56%.

For further information please click here or for any further queries please call the office on 01825 762222.