Summary - UNIT H, HILTON PARK PO20 8RL
1 bed 1 bath Light Industrial
### Standout Features:
- **Location:** Prime industrial setting in East Wittering, West Sussex.
- **Investment Opportunity:** Both units currently let with a passing rent of £112,250 per annum.
- **Generous Space:** Total of 12,379 sq ft distributed across two units with high ceilings for expansive operations.
- **Strong Yield:** Offering a net initial yield of 7.1% at a guide price of £1,485,000.
- **Accessibility:** Well-connected via A286 to nearby towns, ideal for commercial access.
### Potential Downsides:
- **Condition:** Requires potential buyers to assess the condition for any renovation needs.
- **Planning Enquiries:** Prospective investors should conduct their own due diligence regarding planning permissions.
- **Tax Implications:** Property sold as elected for VAT under a Transfer of a Going Concern (TOGC).
### Summary:
Units H & J at Hilton Park Industrial Estate in East Wittering present a lucrative investment opportunity in a thriving coastal area. With a total floor space of 12,379 sq ft and a currently stable income courtesy of existing tenants, this light industrial facility is well-suited for investors looking for robust rental yields. The substantial units feature high eaves and loading doors, making them ideal for various commercial uses.
Enjoy the benefits of a location that blends rural tranquility with easy access to major transport routes. Consider this property not only as a solid investment but also as a potential space for future growth or expansion. With a guide price reflecting a competitive net initial yield, this property is poised for those aiming to capitalize on the industrial market in West Sussex. Act fast, as opportunities like this in the Witterings may not last long!
Light industrial facility for sale in Units M2 & M3, Hilton Park Industrial Estate, Church Farm Lane, East Wittering, West Sussex, PO20 8RL, PO20 — £515,000 • 1 bed • 1 bath • 3676 ft²
Light industrial facility for sale in Unit E1, Hilton Park Industrial Estate, Church Farm Lane, East Wittering, West Sussex, PO20 8RL, PO20 — POA • 1 bed • 1 bath • 4088 ft²
Light industrial facility for sale in Unit M1, Hilton Park, East Wittering, Chichester, West Sussex, PO20 — £281,000 • 1 bed • 1 bath • 1872 ft²
Light industrial facility for sale in Hilton Park Industrial Estate, Church Farm Lane, East Wittering, West Sussex, PO20 — POA • 1 bed • 1 bath • 27578 ft²
Light industrial facility for sale in Plot 5B, Terminus Road, Chichester, West Sussex, PO19 — £1,600,000 • 1 bed • 1 bath • 19742 ft²
Warehouse for sale in Units 1-10, Block K, Southern Cross Trading Estate, Shripney Road, Bognor Regis, West Sussex, PO22 9SE, PO22 — £1,775,000 • 1 bed • 1 bath • 19980 ft²
