Units 2 & 3 Baird Close Crawley West Sussex RH10 9SY

Units 2 & 3 Baird Close
Crawley
West Sussex
RH10 9SY

Freehold Industrial Investment

  • Let on a new 10 year lease to Dyer and Butler Limited
  • Strategic location 0.5 miles south of Gatwick Airport
  • Adjacent to Meadow Brook Industrial Estate within 1 mile of M23 (Junction 10)
  • Nearby occupiers include Dreams, Mercedes Benz Car Dealership and Air Atlanta
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    25
  • Auction
    30th March 2017
  • Rent
    £70,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,110,000
  • Sector
    Industrial/Warehouse
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On the Instructions of Colliers Capital
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Industrial Investment

  • Let on a new 10 year lease to Dyer and Butler Limited
  • Strategic location 0.5 miles south of Gatwick Airport
  • Adjacent to Meadow Brook Industrial Estate within 1 mile of M23 (Junction 10)
  • Nearby occupiers include Dreams, Mercedes Benz Car Dealership and Air Atlanta
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 25
  • Auction 30th March 2017
  • Rent
  • Status Sold
  • Price £1,110,000
  • Sector
    Industrial/Warehouse
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On the Instructions of Colliers Capital

Property Information

Location
Miles
0.5 miles south of Gatwick Airport, 29 miles south of London
Roads
A2011, M23 (Junction 10)
Rail
Gatwick Airport Rail & Three Bridges Rail
Air
Gatwick International Airport
Situation

Crawley is an affluent and popular London and Brighton commuter town some 29 miles south of London. The property is situated on Baird Close, off Gatwick Road some 0.5 miles south from Gatwick Airport, occupying a strategic position less than a mile from the M23 (Junction 10). The surrounding area is predominantly industrial, with the Meadow Brook Industrial Estate located adjacent to the property. Other nearby occupiers include Dreams, Mercedes Benz Car Dealership and Air Atlanta.

Tenure

Freehold.

Location
Miles
0.5 miles south of Gatwick Airport, 29 miles south of London
Roads
A2011, M23 (Junction 10)
Rail
Gatwick Airport Rail & Three Bridges Rail
Air
Gatwick International Airport
Situation

Crawley is an affluent and popular London and Brighton commuter town some 29 miles south of London. The property is situated on Baird Close, off Gatwick Road some 0.5 miles south from Gatwick Airport, occupying a strategic position less than a mile from the M23 (Junction 10). The surrounding area is predominantly industrial, with the Meadow Brook Industrial Estate located adjacent to the property. Other nearby occupiers include Dreams, Mercedes Benz Car Dealership and Air Atlanta.

Tenure

Freehold.

Description

The property is a standalone light industrial building comprising two self-contained units providing internal access between units at first floor. Both units comprise a ground floor warehouse with ground and first floor office accommodation. The property benefits from 18 marked car parking spaces, a yard area and roller shutter doors. The site has an approximate area of 0.21 hectares (0.52 acres).

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property is a standalone light industrial building comprising two self-contained units providing internal access between units at first floor. Both units comprise a ground floor warehouse with ground and first floor office accommodation. The property benefits from 18 marked car parking spaces, a yard area and roller shutter doors. The site has an approximate area of 0.21 hectares (0.52 acres).

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
2

3
Ground
First
Ground
First
Warehouse/Office
Office
Warehouse/Office
Office
325.95 sq m
77.51 sq m
302.66 sq m
55.37 sq m
(3,508 sq ft)
(834 sq ft)
(3,257 sq ft)
(595 sq ft)
DYER AND
BUTLER
LIMITED (1)
10 years from
30/04/2016 on
a full repairing
and insuring
lease (2)
£70,000
30/04/2021
(29/04/2026)
Total  
761.49 sq m
(8,196 sq ft)
    £70,000
 

(1) For the year ending 31 October 2015, Dyer and Butler Limited reported a turnover of £113,105,076, pre-tax profits of £3,133,804 and a total net worth of £9,113,310 (Source: Experian Group 13/02/2017). Since 1979, Dyer and Butler build, maintain and renew infrastructure within both the public and private sector, delivering civil engineering and building projects of all sizes, throughout England and Wales (Source: www.dyerandbutler.co.uk/about-us 13/02/2017).
(2) The vendor is holding a £21,000 rent deposit inc. VAT. The lease provides a tenant option to determine on 30/04/2021. The lease is full repairing and insuring subject to clause 24 in the lease .

Property Documents

  • Site Plan
    Updated Date
    31.10.19
    File Size
    477 KB
    View PDF
  • Catalogue Page
    Updated Date
    31.10.19
    File Size
    1 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Edwin Coe 2 Stone Buildings, Lincolns Inn
London
WC2A 3TH
Philip Boursnell 0207 691 4130philip.boursnell@edwincoe.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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