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    Key features

    • Freehold Warehouse Investment
    • Fully let on a lease expiring 2036
    • Arranged over 8,818 sq ft
    • Fixed rent increase to £84,000 p.a. in 2031
    • Combination of warehouse, office and ancillary accommodation
    • Established business unit within the well‑regarded Graylands Estate
    • VAT is applicable
    • Investment let at £75,000 p.a. (8.33% GIY on Guide Price) rising to £85,000 p.a. in 2031

    Description

    The property is arranged over ground and mezzanine levels, providing a mix of warehouse, office and ancillary accommodation.

    The ground floor offers predominantly open plan warehouse space with supporting office, staff and storage facilities, enabling flexible operational use. In addition, a mezzanine level provides further office accommodation, enhancing the overall functionality of the space.

    Additional information

    Tenure

    Freehold

    Accommodation

    Ground Floor - 505.30 sq m (5,439 sq ft)

    First Floor - 251.95 sq m (2,712 sq ft)

    Basement - 61.97 sq m (667 sq ft)

    Total - 819.22 sq m (8,818 sq ft)

    Tenancy

    Let to Hague Dental Supplies Limited on a full repairing and insuring(FRI) (subject to a photographic schedule of condition) lease for a term of 10 years from completion at £75,000 per annum.


    The lease provides for a fixed rental increase to £84,000 p.a. in 2031

    Rent

    £75,000 per annum

    Notes

    Joint Agent

    Jonathan Mack Bsc (Hons) MRICS

    E: jm@crickmay.co.uk

    D: 01403756510

    M: 0757562699


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    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.


    Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The property occupies a position within the established Graylands Estate, accessed via Langhurst Wood Road approximately 1.5 miles north of Horsham town centre. The estate comprises a well-regarded multi-let commercial environment providing a range of office, workshop and industrial accommodation within an attractive parkland setting.


      The location benefits from good road connectivity, situated close to the A264, which in turn links with the A23, providing convenient access to Gatwick Airport (approximately 9 miles to the north-east) and the wider regional road network.


      Horsham town centre offers an extensive range of retail, leisure and amenities, whilst nearby railway stations at Warnham and Horsham provide regular services to London Victoria, London Bridge and the South Coast.

      Transport

      Road:The property is accessed via Langhurst Wood Road, in close proximity to the A264, which provides links to the A24 and A23, offering convenient access to the wider South East motorway network and Gatwick Airport (approximately 9 miles to the north-east).


      Rail:Nearby rail connections are available at Warnham (approximately 0.6 miles), Littlehaven and Horsham stations, providing regular services to London Victoria, London Bridge and the South Coast.


      Air:Gatwick Airport is located approximately 9 miles to the north-east, offering a wide range of domestic and international flights.


      Bus:Local bus services operate within the surrounding area, providing connections to Horsham town centre and neighbouring residential and commercial locations.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums