Entirely let to Independent Toiletries Ltd (t/a Poppypac) until December 2023 (no breaks)
1,296.80 sq m (13,959 sq ft) of industrial/warehouse and office accommodation
Forms part of Enviro 21 modern business park/light industrial estate
Lot 24
Auction 7th December 2017
Rent £78,100 per Annum Exclusive
Status Sold Prior
Price
Sector Industrial/Warehouse
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On the instruction of the Joint Fixed Charge Receivers at Fraser CRE
Property Information
Location
Miles
16 miles north-east of Eastbourne, 26 miles south of Royal Tunbridge Wells
Roads
A2690, A21
Rail
Crowhurst Railway Station
Air
Gatwick Airport
Situation
St Leonards-on-Sea is a seaside town approximately 4 miles west of Hastings and 35 miles east of Brighton. The property forms part of Enviro 21, a modern business park/light industrial estate fronting Queensway (A2690). The estate also houses the Sussex Exchange, a restaurant, bar, conference and event venue.
Tenure
Freehold.
Location
Miles
16 miles north-east of Eastbourne, 26 miles south of Royal Tunbridge Wells
Roads
A2690, A21
Rail
Crowhurst Railway Station
Air
Gatwick Airport
Situation
St Leonards-on-Sea is a seaside town approximately 4 miles west of Hastings and 35 miles east of Brighton. The property forms part of Enviro 21, a modern business park/light industrial estate fronting Queensway (A2690). The estate also houses the Sussex Exchange, a restaurant, bar, conference and event venue.
Tenure
Freehold.
Description
The property comprises a modern detached industrial/warehouse building currently providing two separate warehouses over ground and lower ground with additional office accommodation over ground and first floors linking the two warehouses. The property also benefits from an 8 person passenger lift.
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 comprises a modern detached industrial/warehouse building currently providing two separate warehouses over ground and lower ground with additional office accommodation over ground and first floors linking the two warehouses. The property also benefits from an 8 person passenger lift.
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.
10 years from 25/12/2013 on a full repairing and insuring lease
£78,100
24/12/2023
Totals
1,296.80 sq m
(13,959 sq ft)
£78,100
(1) Poppypac is an experienced provider of manufacturing, filling and packing services to the health and beauty industries, providing services to all types of client, from High Street chains to independent brand suppliers (Source: www.poppypac.co.uk 09/11/2017).
