To Let
Unit A1-A3 Meridian Industrial Estate,
Newton Road,
Peacehaven BN10 8JQ
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Industrial and Warehouse
27,638 Sq Ft (2,567.57 Sq M)
- Ideal HQ configuration
- Formed over two large warehouses and office block
- Close proximity to A259
- Recently refurbished, over-roofed and overclad
- Eaves height ranging from 5.15m - 6.04m
- Two sectional loading doors measuring approx. 3.6m (w) by 4.7m (h)
- Three phase power with mains water and gas supply
- Sufficient parking and large forecourt
- Available by way of an FRI lease assignment or sublease
- To Rent - £294,800 pax
Location
Meridian Industrial Estate, Peacehaven's principal and established business area, is situated centrally within the town, laying adjacent to Peacehaven Leisure Centre and the Meridian Centre. The industrial estate is located approximately 0.5 miles to the north of A259 South Coast Road, 3 miles to west of the A26 and 8 miles to the A27.
Brighton & Hove is located approximately 6 miles to the west, with Newhaven 3 miles to the east.
Description
The subject property comprise three modern, self-contained industrial/ warehouse units configured as a terrace.
Unit A1 comprises a modern office block arranged over ground and first floor, situated at the eastern end of the terrace. The premises is of steel portal frame construction with brick and profile steel-clad elevations, under a newly overclad insulated roof fitted with translucent roof panels. The office benefits from new carpet flooring, large perimeter glazing, suspended ceilings and panel lighting.
Unit A2 adjoins the office block, comprising of a large warehouse of similar construction. The unit benefits from an eaves height ranging from 5.62m to 6.13m, features one electrically-operated sectional loading door measuring approximately 3.6m (w) by 4.7m (h), and a separate personnel entrance.
Unit A3 comprise a modern, self-contained industrial/ warehouse unit arranged over ground and first floor. The premises is of steel portal frame construction with brick and profile steel-clad elevations, under a newly overclad insulated roof fitted with translucent roof panels. The main warehouse benefits from an eaves height ranging from 5.15m to 6.04m. The unit features two electrically-operated sectional loading doors, both measuring approximately 3.6m (w) by 4.7m (h) and are situated adjacently. Additionally, there is a separate personnel entrance.
Internally, the ground floor has been redecorated with concrete screed flooring and benefits from LED lighting. The first floor mezzanine features painted plaster and exposed brick elevations, perimeter glazing and LED lighting.
The unit also benefits from three-phase electricity, mains water & gas supply, and separate male & female WCs.
Externally, the unit benefits from a forecourt suitable for loading and is provided with ample parking, with an additional carpark located south of the office block.
Accommodation
The accommodation has the following approximate Gross Internal Area (GIA):
| Description | Sq Ft | Sq M | Status |
|---|---|---|---|
| Unit A3: Ground floor warehouse | 10413 | 967.37 | To Let |
| Unit A3: First floor mezzanine | 3294 | 306.01 | To Let |
| Unit A1-A2: Ground floor warehouse | 9278 | 861.93 | To Let |
| Unit A1-A2: First floor office | 2702 | 251.02 | To Let |
| Unit A1-A2: Ground floor office | 1951 | 181.25 | To Let |
| Total | 27,638 | 2,567.58 |
Energy Performance Rating
We understand that Unit A1-A2 and Unit A3 both have EPC ratings of C (expiry date - 07/08/2035).
Taxation
Rateable Value (2026): £252,000
Occupiers will pay approximately 48% of this per annum.
Terms
The property is available by way of two lease assignments, both dated 25/10/2024 for a term of 10 years and summing a passing rent of £294,800 pax.
Both leases are subject to a rent review in the 5th year.
Our clients would would consider a shorter term sublease outside the protection of the Landlord and Tenant Act 1954; a sublease would likely be at a higher rent than the passing rent.
VAT
We understand the property is registered for VAT.
Legal Fees
Each party to bear their own legal costs incurred.
Anti-Money Laundering Regulations 2017
In accordance with current Government legislation, we are legally required to conduct Anti-Money Laundering (AML) checks on all prospective purchasers or tenants where the transaction involves a capital value of €15,000 (EUR) or more, or a rental value of €10,000 (EUR) per calendar month or greater.
This process includes verifying identity, as well as confirming the source and availability of funds. Please note that we must obtain and record this information before any transaction can be formalised or contracts exchanged.
Flude Property Consultants for themselves and for the vendors or lessors of this property whose agents they are give notice that: i) these particulars are set out in good faith and are believed to be correct but their accuracy cannot be guaranteed and they do not form any part of any contract; ii) no person in the employment of Flude Property Consultants has any authority to make or give any representation or warranty whatsoever in relation to this property.
Please note that whilst we endeavour to confirm the prevailing approved planning use for properties we market, we can offer no guarantees in this regard. Planning information is stated to the best of our knowledge. Interested parties are advised to make their own enquiries to satisfy themselves in respect of planning issues.
We advise interested parties to make their own enquiries to the local authority to verify the above and the level of business rates payable in view of possible transitional arrangements and any reliefs.