Industrial park for sale

A substantial site consisting of seven commercial units and associated parking. Six of the seven units along with the parking are currently let at a total of £80,000 per annum. We have been informed by the Joint Auctioneers that there could be a potential rent in the region of £143,000. The units are located in a popular industrial area of St. Leonards, within easy reach of the town centre and local transport links.

Vacant Office Unit
Ground Floor
Offices and communal W.Cs.

First Floor
Offices and communal W.Cs.

Terinea
First Floor
Offices.
Tenancy
Let under the terms of a new 3-year commercial lease at a current rental of £16,000 per annum.

Carma Auto
Ground Floor
Commercial space.
Tenancy
Let under the terms of a new 3-year commercial lease at a current rental of £6,000 per annum.

Moton
Ground Floor
Commercial space.
Tenancy
Let under the terms of a commercial lease at a current rental of £4,800 per annum.

South Street Motors
Ground Floor
Commercial space.

Tenancy
Let under the terms of a commercial lease at a current rental of £12,000 per annum.

Assured Auto Bodies
Ground Floor
Commercial space.
Tenancy
Let under the terms of a new 3-year commercial lease at a current rental of £12,000 per annum.

Imperial Motors
Ground Floor
Canteen area, two open commercial spaces and W.C.
Tenancy
Holding over on a 5-year lease from 31st August 2014 at a current rental of £24,000 per annum.

EPC Rating
C (55). Total Floor Area 2,458 sq.m.

Parking Spaces
Tenancy
Let on licence at a current rental of £5,200 per annum.

Site Measurements
The site extends to 0.83 hectares (2.06 acres).

Auctioneer's Note
At the time of publication the Auctioneers have not inspected the entirety of the property. These details have been provided by the Joint Auctioneer and interested applicants should rely on their own investigations to verify the information provided.

Freehold with Part Vacant Possession

Commercial EPC: C

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.

Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on[use Contact Agent Button], in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to