Units 2 & 3 Harbour Way Industrial Estate

South East Industrial Investment

LOCATION

Shoreham-by-Sea is a seaside town and port located on the south coast some 4 miles to the east of Worthing and 6 miles west of Brighton. The town is situated at the junction of the A283 and the A27, which runs along the south coast connecting Eastbourne to Portsmouth. The Harbour Way Industrial Estate is situated on Shoreham Beach on the southern side of Shoreham Harbour, approximately midway along Harbour Way. Access to the A259 Coast Road is approximately 1.5 miles to the west whilst Shoreham town centre, Shoreham Airport and the A27 south coast trunk road are all within a few minutes drive. Shoreham-by-Sea Railway Station lies some 3 miles north of the property and provides regular services to Brighton (15 mins) and London Victoria (1 hr 25 mins). Brighton City airport is approximately 2.2 miles to the west.

KEY POINTS

• Multi let to two tenants south-east industrial investment opportunity
• Established industrial location with no vacancies on the estate
• Both units have an excellent eaves height of 19’6”
• Producing a total annual income of £102,000 pa
• Total Floor area 18,887 sq ft (1,754.60 sq m)
• Offers in excess of £1,479,000
• A purchase at this level would reflect a Net Initial Yield of 6.5%