Foredown Drive, Portslade, BN41 2BB
£900,000
Property Summary
Commercial Investment; 2 adjoining light industrial units with parking to front forecourt.
Both Let on 15 year terms from 2022.
The site has a 35m frontage to Foredown Drive and a site depth of 30m approximately.
Interested parties to satisfy themselves on planning potential and all measurements.
6-8 Foredown Drive - let to Brighton Fire Alarms Ltd @ £28,000pa
Both tenants in occupation since at least 2008 and both new leases effected for a term of 15 years from 1 August 2022.
Review dates in both leases are 1 August 2024 and then 5 yearly thereafter.
Both leases are contracted out of the Landlord and Tenant Act 1954 Part II Sections 24-28.
Both leases have break clauses at 31 July 2027 and 31 July 2032 – both by either Landlord or Tenant.
Both leases follow on from previous leases, both dated 28 March 2008.
Both leases are full repairing and insuring, subject to a schedule of condition attached to the original lease.
Copies of present and previous leases including schedule of condition available upon request.
lot type
Commercial Investments
situation
Situated at the south end of Foredown Drive, a pleasant residential area close to the junction with the Old Shoreham Road (A27) and being within 50 m of Victoria Park. Portslade Railway mainline station is within a few minutes’ walk, as is the comprehensive shopping thoroughfare of Boundary /Station Road.
6-8 Foredown Drive - £27,250
private treaty - sale status
SOLD 2024
type
Commercial Investment with future potential redevelopment opportunity
description
Commercial Investment; 2 adjoining light industrial units with parking to front forecourt.
Both Let on 15 year terms from 2022.
The site has a 35m frontage to Foredown Drive and a site depth of 30m approximately.
Interested parties to satisfy themselves on planning potential and all measurements.
6-8 Foredown Drive - let to Brighton Fire Alarms Ltd @ £28,000pa
Both tenants in occupation since at least 2008 and both new leases effected for a term of 15 years from 1 August 2022.
Review dates in both leases are 1 August 2024 and then 5 yearly thereafter.
Both leases are contracted out of the Landlord and Tenant Act 1954 Part II Sections 24-28.
Both leases have break clauses at 31 July 2027 and 31 July 2032 – both by either Landlord or Tenant.
Both leases follow on from previous leases, both dated 28 March 2008.
Both leases are full repairing and insuring, subject to a schedule of condition attached to the original lease.
Copies of present and previous leases including schedule of condition available upon request.