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Hangar 4A 2 – 4 Cecil Pashley Way Shoreham Airport Lancing West Sussex BN43 5FF

Shoreham Airport, 2-4, Cecil Pashley Way, Shoreham-by-Sea BN43 5FF, UK
£525,000

Description

Brighton City Airport (Shoreham) is situated on the South side of the A27 and to the West of the River Adur. The airport has a junction onto the A27 which is the main south coast dual carriage way between Brighton and Chichester, having convenient access to the A24 and A23 to Gatwick Airport, M25 and London.

Brighton City Airport has many occupiers including Ricardo Engineering, AIG Insurance, Northbrook College.

The property is of modern steel frame and metal clad construction with windows at ground and first floor levels. This investment comprises three main elements, Hanger 4a which has been sub-divided to create two units and a car park on the East side of the building. The properties and land are held under Title Number WSX 358927.

Part 4a Hanger let to Gear4DJs at £18,750 per annum
Car Parking Area let to Gear4DJs at £1,800 per annum
Part 4A Hanger let to A2B Areo Limited at £53,526 per annum

Total Income £74,076 per annum

Ground Rents;
Plot 7 125 years from 27 April 1999
FRI Ground Rent £13,200 pa (Gross)
Plot 7a 125 years from 01 April 2001
FRI Ground Rent £13,800 pa (Gross)

Property Documents

  • Hanger 4a Plots 7 and 7a
  • Hanger 4a Brighton City Airport West Sussex
  • State/county: West Sussex
  • Country: United Kingdom

Detail

Updated on November 23, 2018 at 8:58 am

  • Price: £525,000
  • Property Size: 11594 sqft
  • Property Type: Industrial, Investment
  • Property Status: For Sale

Additional details

  • Warehouse/Aeroplane Hanger: Investment For Sale

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