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South east office building with redevelopment potential

Crawley, United KingdomUnlock address

71%

£8.000.000

Office

#34329

Core+, Value-Add

21 Apr 2024

Property Details

Broker

For sale

6.04 acres

Leasable area

1,324,503 £/acres

Freehold

X

Fees

0.00 %

0.50 %

0.00 %

0.50 %

Investment Overview

114,449 sq ft modern office building located in a core logistics location less than a mile from Gatwick Airport. A strategically situated, south east office building with significant redevelopment potential. 6.04 acres in one of the South East’s premier business and industrial locations. Excellent redevelopment opportunity with a planning application submitted for an 8 unit light industrial scheme. Part let to multiple tenants producing £585,738.83 per annum with a short Term Certain of 2.03 years (to breaks)