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Dittons Rd 2,442 sq ft Office Units Offered at £480,000 - £525,000 Per Unit in Polegate BN26 6QH


Investment Highlights
- Open Plan Office Area
- Recessed Lighting
- Comfort Cooling System
Executive Summary
The accommodation comprises two storey self contained office premises fronting Dittons Road within a cul-de-sac at the entrance to the Business Park. The premises are of steel frame construction with a mix of brick, steel profile and glazed cladding to the front, rear and side elevations.
2 Units Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Net Initial Yield | 7.00% | Sale Conditions | Sale Leaseback |
| Sale Type | Investment |
| Net Initial Yield | 7.00% |
| Tenure | Freehold |
| Sale Conditions | Sale Leaseback |
Description
The accommodation is fitted to a Grade ‘A’ standard and offers a mix of open plan and partitioned offices, WC and kitchen.
Sale Notes
Freehold for Sale subject to a Lease to 1 Answer Insurance Services Ltd Company No 04201623 was incorporated in 2001 and has been in occupation since the building was constructed.
Freehold for sale subject to a lease to 1 Answer Insurance Services Ltd Company No 04201623 at a Rent of £46,500 pax on a new full repairing and insuring Lease for a term of 10 years subject to a 5th Year Rent Review and Tenant Only Break. Lease to commence from date of sale completion.
Freehold for sale subject to a lease to 1 Answer Insurance Services Ltd Company No 04201623 at a Rent of £46,500 pax on a new full repairing and insuring Lease for a term of 10 years subject to a 5th Year Rent Review and Tenant Only Break. Lease to commence from date of sale completion.
| Sale Type | Investment | Tenure | Freehold |
| Net Initial Yield | 7.00% | Sale Conditions | Sale Leaseback |
| Sale Type | Investment |
| Net Initial Yield | 7.00% |
| Tenure | Freehold |
| Sale Conditions | Sale Leaseback |
Description
The accommodation is fitted to a Grade ‘A’ standard and offers a mix of open plan and partitioned offices, WC and kitchen.
Sale Notes
Freehold for Sale subject to a Lease to 1 Answer Insurance Services Ltd Company No 04201623 was incorporated in 2001 and has been in occupation since the building was constructed.
The Premises is to be let at a Rent of £40,500 pax on a new full repairing and insuring lease for a term of 10 years subject to a 5th Year Rent Review and Tenant Only Break. Lease to commence from date of sale completion.
The Premises is to be let at a Rent of £40,500 pax on a new full repairing and insuring lease for a term of 10 years subject to a 5th Year Rent Review and Tenant Only Break. Lease to commence from date of sale completion.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit A1 | 2,442 sq ft | Office | £525,000 (£214.99/sq ft) | £36,750 |
| Unit A2 | 2,442 sq ft | Office | £480,000 (£196.56/sq ft) | £33,600 |
Unit A1
| Unit Size |
| 2,442 sq ft |
| Unit Use |
| Office |
| Price |
| £525,000 (£214.99/sq ft) |
| NOI |
| £36,750 |
Unit A2
| Unit Size |
| 2,442 sq ft |
| Unit Use |
| Office |
| Price |
| £480,000 (£196.56/sq ft) |
| NOI |
| £33,600 |
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit A1
| Unit Size | 2,442 sq ft |
| Unit Use | Office |
| Price | £525,000 (£214.99/sq ft) |
| NOI | £36,750 |
| Sale Type | Investment |
| Net Initial Yield | 7.00% |
| Tenure | Freehold |
| Sale Conditions | Sale Leaseback |
| Description | |
| The accommodation is fitted to a Grade ‘A’ standard and offers a mix of open plan and partitioned offices, WC and kitchen.</li></ul> | |
| Sale Notes | |
| Freehold for Sale subject to a Lease to 1 Answer Insurance Services Ltd Company No 04201623 was incorporated in 2001 and has been in occupation since the building was constructed.<br> <br> Freehold for sale subject to a lease to 1 Answer Insurance Services Ltd Company No 04201623 at a Rent of £46,500 pax on a new full repairing and insuring Lease for a term of 10 years subject to a 5th Year Rent Review and Tenant Only Break. Lease to commence from date of sale completion.</li></ul> |
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit A2
| Unit Size | 2,442 sq ft |
| Unit Use | Office |
| Price | £480,000 (£196.56/sq ft) |
| NOI | £33,600 |
| Sale Type | Investment |
| Net Initial Yield | 7.00% |
| Tenure | Freehold |
| Sale Conditions | Sale Leaseback |
| Description | |
| The accommodation is fitted to a Grade ‘A’ standard and offers a mix of open plan and partitioned offices, WC and kitchen.</li></ul> | |
| Sale Notes | |
| Freehold for Sale subject to a Lease to 1 Answer Insurance Services Ltd Company No 04201623 was incorporated in 2001 and has been in occupation since the building was constructed.<br> <br> The Premises is to be let at a Rent of £40,500 pax on a new full repairing and insuring lease for a term of 10 years subject to a 5th Year Rent Review and Tenant Only Break. Lease to commence from date of sale completion.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 17,644 sq ft | Typical Floor Size | 8,822 sq ft |
| Property Type | Office | Year Built | 2010 |
| Costar Property Class | B | Total Plot Size | 0.53 ac |
| Floors | 2 | Parking Allocation | 0.34/1,000 sq ft |
| Total Property Size | 17,644 sq ft |
| Property Type | Office |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 8,822 sq ft |
| Year Built | 2010 |
| Total Plot Size | 0.53 ac |
| Parking Allocation | 0.34/1,000 sq ft |
Amenities
- 24 Hour Access
- Air Conditioning
- Raised Floor System
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1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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Dittons Rd
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