Office in Stoughton West Sussex available for sale
8

Office Properties for Sale near Stoughton, West Sussex, Chichester

Office Properties for Sale Within 10 miles of the Stoughton, West Sussex, Chichester

More details for Basin Rd, Chichester - Office for Sale

City Business Centre - Basin Rd

Chichester, PO19 8DU

  • Office for Sale
  • £115,000 - £230,000
  • 600 sq ft
  • 2 Units Available
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More details for Park Road South – Office for Sale, Havant

Park Road South

  • Retail for Sale
  • £2,500,000
  • 29,611 sq ft
  • 4 Retail Properties

Havant Portfolio of properties for Sale

The freehold is avaialable for purchase at a guide price of £2.5m exc VAT subject to contract, for the Freehold interests subject to the subsisting tenancies. This reflects a highly attractive Net Initial Yield of 8.49% on the contracted income assuming purchaser’s costs of 6.38% and Net Reversionary Yield of 12.38%. The freehold title is in the process of being registered. The property will therefore be sold subject to completion of that registration, which will be Possessory Title, with inclusion of an indemnity policy The property comprise a prominent multi-let commercial premises incorporating a main two storey ‘L’ shaped block with predominantly ground floor retail and first floor offices. Two retail units, located on the most southerly section of the building, extend over first floor. In addition to the main block is a detached workshop / store located in the central parking area (West End Store) and also a single storey flat roof office / retail unit (1B Brockhampton Lane), adjacent the vehicular access point from Brockhampton Lane. There is also vehicular access from Park Road South. The first floor office suites are split into three sections; 8 Park Road South, (comprising 7 suites), 1A Brockhampton Lane (comprising 9 suites) and two suites located above 41-45 West Street. All three have their own secure ground level pedestrian access points leading to stairwell. The office accommodation is well presented with modern double glazed uPVC windows, carpet, mix of suspended and plasterboard ceilings with either inset or mounted lighting, plus gas central heating with two boilers located within the communal areas. All parking on site is allocated to occupiers.

Contact:

Hellier Langston Ltd

Date on Market:

24/09/2024

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More details for East Pallant, Chichester - Office for Sale

East Pallant

Chichester, PO19 1TS

  • Office for Sale
  • £600,000
  • 2,442 sq ft
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More details for Southern Gate, Chichester - Office for Sale

Southern Gate Office Village - Southern Gate

Chichester, PO19 8SG

  • Office for Sale
  • £1,250,000
  • 4,900 - 4,924 sq ft
  • 2 Units Available
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FAQs About Office Buildings For Sale in Stoughton West Sussex

See All Office Buildings For Sale
How many office buildings are currently available for sale in Stoughton West Sussex?
There are currently 0 office properties available for sale. Sizes range from to , with an average size of. Available opportunities may include owner-occupied offices, investment assets and multi-let office buildings.
How much does office property cost in Stoughton West Sussex?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values vary depending on location, building quality, tenancy profile, specification and local market demand.
What factors influence office property values?
Office values are influenced by location, building specification, lease terms, tenant quality, occupancy levels, accessibility and market demand. Modern, well-located buildings with strong tenant covenants often attract greater buyer interest.
What sizes of office buildings are available?
Available properties range from to , with an average size of. Opportunities may suit owner-occupiers looking for dedicated premises, as well as investors seeking larger multi-let assets.
Can I buy an office building for my own business?
Yes. Many businesses choose to purchase office premises to gain long-term control over occupancy costs and avoid future lease negotiations. Ownership may also provide the opportunity to benefit from future capital appreciation.
What types of tenants occupy office buildings?
Office occupiers can include professional services firms, technology companies, financial institutions, public sector organisations, healthcare providers and creative businesses. Tenant quality and lease structure are often important considerations for investors.
What is the difference between a vacant office and an investment property?
A vacant office may appeal to owner-occupiers or investors seeking refurbishment opportunities. An investment property is typically sold with tenants already in place, providing an established income stream from the date of purchase.
Can office buildings be refurbished or repositioned?
Many buyers seek opportunities to improve office assets through refurbishment, modernisation or reconfiguration. Upgrading facilities, improving energy performance and creating more flexible layouts can enhance occupier appeal and long-term value.
What ESG considerations are important when buying office property?
Energy efficiency, EPC ratings, sustainability credentials, natural light, ventilation and access to public transport are becoming increasingly important. Buildings with strong environmental performance may be more attractive to occupiers and investors alike.
What due diligence should I carry out before buying?
Due diligence should include reviewing leases, title documents, service charge information, tenant covenant strength, planning permissions, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Office Properties for Sale in the Stoughton, West Sussex, Chichester

You searched for office buildings for sale in Stoughton West Sussex. Explore 0 listings from leading agents on LoopNet. Whether you're seeking office properties to expand your portfolio, establish a headquarters, or secure a prime investment opportunity, LoopNet provides a diverse selection to meet your needs. Each listing offers detailed information on building features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of office investment properties worldwide, LoopNet is your trusted partner in finding the perfect office investment.

Key Factors to Consider When Investing in an Office Building

Investing in an office building can be a lucrative venture, but it requires careful evaluation. Here are the most important factors to consider:

  • Location & Accessibility
    • Prime locations with strong demand offer higher rental yields.
    • Proximity to public transport, major roads, and amenities increases tenant appeal.
  • Tenant Demand & Occupancy Rates
    • Analyse market demand for office space in the area.
    • Check vacancy rates and existing long-term leases.
  • Rental Yield & Return on Investment (ROI)
    • Compare rental income vs. property price to assess profitability.
    • Consider potential for rental growth over time.
  • Property Condition & Age
    • Older buildings may require costly renovations.
    • Modern buildings with energy-efficient features attract premium tenants.
  • Market Trends & Economic Conditions
    • Evaluate office space demand, remote work trends, and business growth in the area.
    • Check local economic stability and corporate presence.
  • Building Amenities & Features
    • High-speed internet, parking, security, and sustainability features boost property value.
    • Shared meeting rooms and flexible layouts attract a broader tenant base.
  • Legal & Planning Permission
    • Ensure compliance with local planning laws and building codes.
    • Understand lease structures and tenant obligations.
  • Maintenance & Management Costs
    • Factor in ongoing maintenance, property management fees, and service charges.
    • A well-managed building retains tenants and minimizes turnover costs.
  • Future Development & Infrastructure
    • Nearby upcoming developments can impact demand and property value.
    • Infrastructure projects like new transport links can enhance desirability.
  • Exit Strategy
    • Consider long-term value appreciation and potential resale opportunities.
    • Analyse liquidity in the commercial property market.

By carefully evaluating these factors, you can make a more informed investment decision and maximise returns on your office building purchase.

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