31,000 sq ft

Offers In Excess Of £4,000,000

Freehold

Huffwood Trading Estate

Partridge Green, Horsham, West Sussex, RH13

Information

Huffwood Trading Estate is a popular multi let business park providing a range of starter units from 200sqft upwards. The overall floor area extends to approximately 31,000sqft on a site of 2.1 acres. The units are typically brick built with asbestos roofs which have been overclad across approximately half the estate as can be seen in the photos. Arranged in 4 blocks together with a detached building known as Twyford Lodge (office suites ) the units are single storey with roller shutter doors in most cases. Unallocated parking is available across the estate for each tenant. A small part of the central building is known as Huffwood House and is arranged as 3 offices suites. The estate is in family ownership and is an excellent Asset Management opportunity to improve the rental income and upgrade the units. For the avoidance of doubt Units 27-32 are not part of this sale and are held in separate ownership.

  • Gross Income potential of circa £345,000 pax
  • 31,000sqft on 2.1acres
  • Reversionary yield of 8% after reviews
  • Asset management opportunity to improve rental income and refurbish units
  • Fully let
  • Potential residential redevelopment options as site is allocated in local plan.
  • Best Bids 24th March 2023

Location

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