Chanctonfold represents a rare opportunity to acquire a multi-let office investment with diverse income.
The main parts of the property were constructed in 2007 with Unit 5 being a little later. The design features the traditional Sussex Barn style.
Currently the estate is fully let to 6 tenants and the site area totals 1.94 Hectares (4.80 acres) with office accommodation of 14,821 sq ft.
INCOME PER ANNUM: £249,150 (with vendor top ups).
SITE AREA: 1.94 HECTARES / 4.8 ACRES Office Accommodation 14,821 ft2
AVERAGE WEIGHTED UNEXPIRED LEASE TERM: 3.85 years (1.8 to lease breaks)
Chanctonfold is a unique property comprising a complex of offices and business units arranged in three detached buildings.
The buildings form a U shape around the communal car park area. The majority of the buildings were built in 2007 being of two-storey, oak framed traditional Sussex Barn style. There is external common parts to the development including additional visitor parking, landscaped areas and a rear pond creating a relaxing environment to work within.
Chanctonfold is located to the north of Steyning, an historic market town in Sussex with a growing population of over 5,000.
Steyning offers a range of local amenities with the high street boasting a variety of local shops including Truffles, Co-op, The Sussex Grocer, Cobblestone Walk, and a number of Public Houses.
The property has convenient access to the A283, the Steyning by-pass which links to the A24 at Washington, the main road north to Horsham and the A27 at Shoreham, the main trunk road along the South Coast.
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