Offers in region of

£260,000

(£158.54/sq. ft)

Office for sale
Unit 9, Tungsten Building, George Street, Portslade BN41

    • 1,640 sq. ft

  • EPC Rating: F

Leasehold
Added on 30/01/2025

About this property

  • Long Leasehold For Sale

  • Overlooking Shoreham Harbour

  • Modern Office Unit

  • Open plan floor plate with mezzanine

  • Two car parking spaces

Description

An opportunity to purchase the long leasehold interest of a modern first-floor office unit within the Tungsten Building.

The accommodation comprises a well-presented open-plan floor plate with a mezzanine-level boardroom, partitioned meeting rooms, and male and female WC facilities, plus a shower.

The premises also benefit from two allocated car parking spaces.

The property is currently let to Blue Sky Fostering Limited, producing a passing rent of £19,000 per annum exclusive. There is also potential for the property to be offered with vacant possession, subject to agreement.

Location

The unit is prominently located on the A259 Fishergate Terrace/Coast Road, overlooking Shoreham Harbour. Brighton city centre lies approximately 3 miles to the west, providing convenient access to local amenities and transport links.

Terms

A guide price of £260,000 is being sought for the long leasehold interest, dated 1 January 2005 for a term of 999 years. Each party is to bear their own legal costs in the transaction.

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Monthly repayment

£1,300 per month

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