Bacon & Co Commercial JUN 09:Bacon & Co Commercial Brochure
2/7/09
13:29
Page 1
BACON
COMMERCIAL PROPERTY AGENTS
Brooker
2009 Issue 2
Servicing Commercial Clients Across the South Coast & UK BACON BROOKER ACTIVE IN THE INVESTMENT MARKET Bacon Brooker are activly working hard in this tough market to improve their clients return on their money. We are acting for many investors across the country, who are looking at putting their money into commercial property to improve, the returns they are currently receiving from the bank. Most recently completed was the acquisition of Cinnabar Court in Cheshire (pictured below), a substantial office investment of 6,000sq.ft on a very prestigious office park which showed our client a net return of 10.41% after a purchase of £950,000 and costs.
SUBSTANTIAL OFFICE INVESTMENT FOR SALE Brunel house in Warrington Cheshire is a substantial office building fitted out to a very high standard offering high quality open plan office accommodation parking is included for 68 cars. The property is let for a term of 10 years from January 2008 at a rental of £210,000 per annum (£17.50sq.ft.) on an FRI lease with rental review in the 5th year. Offers are invited in the region of £2.2 million pounds for the freehold interest which would show a net yield of 8.99% after costs of purchase.
Tel: 01903 767679 www.brookerscommercial.co.uk
Bacon & Co Commercial JUN 09:Bacon & Co Commercial Brochure
2/7/09
13:29
Page 2
BACON BROOKER
Two storey business unit of steel portal frame with part clad brick frontage with rear yard area, the unit offers ground floor warehouse space, as well as fitted offices to the front of the unit with glazed pedestrian entrance and full height loading shutter door to the rear.
FOR SALE / TO LET
S5 Rudford Trading Estate, Ford Nr Arundel, West Sussex, BN18 0BD
OIRO £160,000 FH OR £12,000 PA
The mezzanine level includes further storage space and office space with strip lighting throughout, parking is provided for 4 spaces to the front as well as leading bay at the rear which offers further parking if required or storage.
Two light industrial business units available together or separately the units are of brick construction with steel clad roof. The units both have full height loading/ shutter doors with separate entrances as well as front entrance to reception area, both include mezzanine levels for storage space with unit T2 offering further office accommodation.
FOR SALE / TO LET
T1 & T2 Rudford Trading Estate, Ford Nr Arundel, West Sussex, BN18 0BD
Rear yard space offers ample parking or storage space if required, allocated parking for 4 cars also can be found at the front of the units.
OIRO £320,000 FH OR £24,000 PA
Light industrial unit with fitted office space the unit offers excellent workspace with good eaves height. 3-phase electric is included within the property as well as kitchenette and W.C facilities, the front of the property has ample parking for approx 5/6 cars with loading shutter door and separate pedestrian entrance.
FOR SALE
U7 Rudford Trading Estate, Ford Nr Arundel, West Sussex, BN18 0BD
OIRO £160,000 FH 2 2009 ISSUE 2
The unit would suit a variety of users subject to necessary consent current consent is for B1 Use.
Bacon & Co Commercial JUN 09:Bacon & Co Commercial Brochure
2/7/09
13:30
Page 3
BACON BROOKER
FOR SALE G19 Rudford Trading Estate, Arundel
OIRO £100,000
TO LET Unit 4 Gaugemaster Ford nr Arundel
£6,000 PA
TO LET 18A Warwick street Worthing
£17,000 PA
Excellent starter unit for new company allocated parking and roller shutter door with separate pedestrian entrance and 3-phase electric as well as kitchenette and W.C.
Delightful business unit suitable as workshop or storage unit available on flexible terms pleasant views from office over Ford with allocated parking and 3-phase electric.
Town centre retail unit in the busy footfall area of Warwick Street Worthing with many retailers and A3 units offering high volume of pedestrians. Unit has separate utility rooms to rear in addition to front retail space.
TO LET Unit 8 Ford lane Ford nr Arundel £8,500 PA
TO LET 19 Warwick Street Worthing
£16,500 PA
TO LET 17 Chandos Road Worthing
£10,250 PA
Well presented business unit with fitted office space and allocated parking, offering excellent company profile on well kept estate. Unit offers 3-phase electric and excellent eaves height available on flexible terms.
Town centre open plan retail property fitted out to high standard with separate W.C and kitchenette. Available on new lease terms to be agreed.
Well presented retail unit formerly used as a beauty rooms with car parking directly outside the property. Available on new lease terms to be agreed.
2009 ISSUE 2 3
Bacon & Co Commercial JUN 09:Bacon & Co Commercial Brochure
2/7/09
13:31
Page 4
BACON BROOKER
TO LET 3-4 Ann Street Worthing
£14,000 PA
FOR SALE Teville Road, Former HSS Hire premises
OFFERS INVITED
TO LET 27 West Street, Storrington Full inclusive rental 4 2009 ISSUE 2
Double fronted retail shop offering excellent display area with street parking to the front of the property. Fitted out to high standard former hair salon available on new lease terms to be agreed.
Substantial retail/ office property with planning for re-development, also available on short-term let. Plans available on request for further details please contact office.
Ground floor retail/ office space with ground floor basement for additional storage space if required. Rental is fully inclusive call for further details.
TO LET 10 South Street Portslade £10,000 PA
TO LET Unit 2 Bankside, Middleton
£8,000 PA
TO LET Unit 10 Meadow Road, Worthing £650 PCM Fully inc
Corner position retail/ office unit formerly Fox & sons Estate agents. The unit offers off street parking and comes as a fully fitted office unit with flexible terms available on new lease or licence.
High standard retail property formerly used as an off licence unit comes with fitted shelving units and rear store area. The property is available on new lease terms to be agreed with flexible terms.
Ground floor office suite which comes full furnished, the unit offers open plan office space with suspended ceilings and cat 2 lighting with allocated parking. Available on 6/12 month licence.
Bacon & Co Commercial JUN 09:Bacon & Co Commercial Brochure
2/7/09
13:31
Page 5
BACON BROOKER
TO LET Waterford House, Climping £10,000 PA (Stepped Rental)
FOR SALE Becket House, Worthing
OIRO £1,500,000
TO LET 3-4 Northbrook Trading Estate
£11,000 PA
Excellent company profile detached office property with allocated parking. Fitted out to high standard in Countryside location with good access to all main trunk roads.
Substantial freehold property in Worthing with benefit of private rear car park as well as roof area being let out to several phone mast companies. Further details available on request.
Double unit available on new lease, the property offers open plan storage, business space with allocated parking to front. The property has carpeted floor with suspended ceiling and strip lighting.
TO LET Unit 11 Wickham Business Centre £8,400 PA
1st Floor office unit fitted out to high standard, available on new lease. The property has good access to all main trunk roads.
TO LET
1st and 2nd floor office space in need of refurbishment, flexible terms 16-18 Chapel Road, offered as incentive, Freehold of whole property may Worthing also be available interested parties Flexible rental and terms to call office.
TO LET
Open plan industrial units with sliding shutter door and separate D1 & D7 Rudford Trading entrance. Units come with concrete floors and strip lighting as well as Est, Ford Nr Arundel allocated parking. Suitable for a £6.50 per sq.ft variety of users STPC
2009 ISSUE 2 5
Bacon & Co Commercial JUN 09:Bacon & Co Commercial Brochure
2/7/09
13:32
Page 6
BACON BROOKER
TO LET Units 3 & 5 King Edward Close
£1000 pcm
FOR SALE Unit 8 Thesiger Close, Worthing
Open plan business units situated in Worthing close to town centre offering good access to all road links. Both available on new lease term to be agreed.
Commercial investment property producing £11,880 per annum. 10 year FRI lease with 5 years remaining.
OIRO £150,000 FH
TO LET Chartwell Busines Park, Lancing
£30,000 PA 6 2009 ISSUE 2
TO LET Nairn House, Artex Avenue, Rustington £1800 pcm
TO LET Regis Business Park, Bognor Regis
£950 pcm
Newly refurbished business units offering excellent eaves height As well as fully fitted offices on 1st floor mezzanine level. Flexible terms offered.
Excellent company profile properties, both suitable for businesses with trade counter needs or for industrial use and storage. Both units available on new lease from August 09
Development of industrial units with sizes starting from 1,900sq.ft to 3,600sq.ft combination of units available. Flexible terms offered.
Bacon & Co Commercial JUN 09:Bacon & Co Commercial Brochure
2/7/09
13:32
Page 7
BACON BROOKER Excellent headquarters style property with warehouse space and fitted offices with ample parking. The property offers open plan industrial area with 3-phase electric and additional mezzanine level providing a total floor area of 11,660.sq.ft. The property benefits from private
FOR SALE / TO LET
Galen House, Artex Avenue, Rustington Trading Estate, West Sussex
OIRO £650,000 FH OR £50,000 PA
forecourt at the front of the property which can be used for staff/ customer parking.
Substantial 15,000 sq.ft Distribution Warehouse property B8 storage and distribution warehouse property with excellent eaves height and access from several full height roller shutter doors.
TO LET
Lazy W Business Park, Units ABC, Yapton, Walberton, West Sussex
The property comes full alarmed with separate pedestrian entrance and is available on new lease terms to be agreed.
£37,500 PA
Town centre Investment and re-development opportunity with planning permission to convert upper parts into residential.
FOR SALE
36-38 High Street, Newhaven, East Sussex, BN9 9PD
Further details and plans are available on request, for further information please contact our office
OIRO £650,000 FH 2009 ISSUE 2 7
Bacon & Co Commercial JUN 09:Bacon & Co Commercial Brochure
2/7/09
13:32
BACON BROOKER Commercial Property Agents
Page 8
Tel: 01903 767679 Email: richard@baconandco.co.uk www. brookerscommercial.co.uk
Servicing Commercial clients Across the South Coast & UK
MARKET UPDATE Over the past 18 months it has obviously become harder for all businesses due to what was titled as a credit crunch and is now labelled as a recession. October and November of 2008 was a wash out for many companies and the reports from all sectors from Engineering and manufacturing through to service industries was concerning to say the least. The worst was feared by all and most people hit Christmas 2008 with worries of what the New Year would bring. In April our MP’s inadvertently brought a bit of breathing space to the publicity of the recession with the attention being on their exploits as opposed to the condition of the economy. Now that the papers are starting to return to the financial state of the country, what a difference this break for a few weeks appears to have made. Although we still hear of redundancies and closures we are now also getting expressions like green shoots and other motivating statements. The chances of Alistair Darling being correct in his statement of us getting out of the recession by December is still doubted by most but many businesses are looking up and moving forward again. As a pro active commercial agency we have definitely had to up our game to its maximum this last year to ensure that all possible opportunities of locating buyers or tenants for our clients properties have been explored but this has been successful . Sales and lettings on shops, offices and industrial units from 1000sq ft to 20,000sq ft have been tied up and we are still receiving daily demand. In fact we are now getting enquiries from some of the retail chains again looking to increase their National coverage which all but stopped at the end of 2008. Investors are definitely back in the market as shown on our front page editorial and these range from private individuals spending a few hundred thousand pounds to major companies with budgets of eight to ten million. Don’t get me wrong, we are not setting the world on fire with record figures and as stated above we are not saying that the market is by any means as buoyant as it was in 2006 but with hard work and determination it is not all doom and gloom. If you are looking to sell or let your property we will not make you any guarantees and the answer to how long will it take will still be the old expression ‘how long is a bit of string ?’ as we are not prepared to try and sell our services on false hopes. However one thing we can guarantee is that no one will try harder for you. Kind regards, Richard Lowrey
NEW UNITS AT LITTLEHAMPTON MARINA Three units currently undergoing refurbishment will shortly be coming available the units will offer excellent company profile with open plan storage and workshop space as well as allocated parking.
New leases are available with rents starting at £7sq.ft.