Elmstead

The
for sale
Elmstead
Portfolio
Chichester PO20 7BX
Location
7
A2
7
A259
Chichester
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WHYKE
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A286
Fishbourne
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A27
86
A2
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B2145
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North
Mundham
Donnington
20
1
Hunston
B2
5
14
Chichester
Harbour
The
Elmstead
Portfolio
B2
Chichester is the County Town of West Sussex
and a historic cathedral city. It is also home to the
worldwide headquarters of Goodwood and Rolls
Royce. The city is the focal point for the whole
Chichester District, which has a district population
listed as 113,800 according to the census in 2011.
CHICHES
The property is located in an Area of Outstanding
Natural Beauty in an attractive Coastal situation
close to the village of Birdham on the main A286
which provides easy access to the A27 Chichester
By-Pass to the north. Birdham is a picturesque
village situated on the shores of Chichester Harbour
and Chichester Marina, and lies approximately
3 miles to the south west of Chichester and
17 miles to the east of Portsmouth.
A2
85
A2
86
A2
Birdham
Sidlesham
Common
24 Southgate Chichester West Sussex PO19 1ES
T 01243 819000 www.flude.com
Runcton
Description
Chichester Yacht Club
Chichester
Marina
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Opal Marine
A2
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Birdham Pool Marina
86
Lock
Birdham Pool
Lo
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Elmstead House
86
A2
86
A2
Ch
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Martins
Barn
The
Autobarn
rn Ln
Externally the grounds to the properties are
landscaped and there are designated parking
areas for the office properties. The spine road
giving access to the office buildings is of tarmac
and all commercial areas are maintained to a
high standard.
Premier Marinas
Chichester
Court Ba
The Elmstead Portfolio comprises an attractive
3.80 acre (1.54 ha) property benefitting from
wonderful views over fields to Chichester Harbour.
There are four individual elements to the Portfolio.
These comprise two individual office buildings
totalling approx. 5,735 sqft (532.80 sqm) of space
occupied by five Tenants. In addition, there is an
attractive four bedroom house which is let until
2016 and has been occupied by the same Tenant
for the last four years. The final element is known as
the Apple Store which historically benefitted from
planning consent for conversion to a further office.
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Birdham
86
A2
24 Southgate Chichester West Sussex PO19 1ES
T 01243 819000 www.flude.com
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Accommodation
Elmstead House
Elmstead House is set back from the road behind a gate onto a sweeping
gravel driveway.
The ground floor comprises of entrance hall, two reception rooms, kitchen,
utility room, WC and generous cupboard space. The lounge has a fireplace
and French doors leading to the garden. The second reception room would
lend itself to a formal dining room or lounge area. The kitchen/breakfast room
has an electric hob and oven, dishwasher and storage units with views onto
the garden. The house benefits from a larder and utility room.
Upstairs there are four bedrooms. The master bedroom has an en-suite
bathroom. Two further double rooms have room for storage cupboards.
The fourth bedroom has fitted cupboards. There is a modern family bathroom
which is fitted with a bath and separate shower cubicle.
The front garden is mainly laid to lawn with some shrubs and a small pond.
The well maintained rear garden includes a patio area and beautiful pergola
leading down the centre. Down the side of the rear garden there is a useful
outbuilding which consists of a garage and playroom.
24 Southgate Chichester West Sussex PO19 1ES
T 01243 819000 www.flude.com
Stairs
Cupboard
Kitchen
Lounge
Storage Cupboard
W.C.
Bedroom
Bathroom
Stairs
Hallway
Entrance
Hall
Dining Hall
Master Bedroom
Utility Room
Hallway
Bedroom
Storm Porch
1st Floor
Ground Floor
Elmstead House
24 Southgate Chichester West Sussex PO19 1ES
T 01243 819000 www.flude.com
Bedroom
Martins Barn
The property was fully renovated in 2002 and converted from a former
agricultural barn into an impressive office building. It was designed to give
flexibility to the owner/occupiers allowing the property to be divided into four
individual suites each independently accessed from the communal areas which
house the staircase and WC accommodation.
The internal space is attractive with exposed beams and loft style accommodation
on the upper floor. The amenities available with the accommodation include
carpeting throughout, double glazing, perimeter trunking, electric heating and
door entry system.
Externally there is a tarmac car park for up to 25 vehicles.
Fire
Exit
Fire
Exit
Suite 1
Suite 2
Fem
W.C.
Male
W.C.
Up
Foyer
The Autobarn
This detached office building is separately accessed to Martins Barn and has
the benefit of its own gravelled parking area allowing parking for up to 12
cars. The ground floor is mainly open plan and also contains the Kitchen and
WC accommodation. The first floor is a vaulted barn style space with its own
meeting room.
The Apple Store
Currently this building is used as a store but has benefitted from a planning
consent from 2009 (03562/FUL) allowing the renovation and change of use to
B1 use for the property. This has now expired but if another application were
successful this would allow the renovation of the building to an office of 613
sqft (56.95 sqm).
Lobby
Suite 3
Suite 4
Fem
W.C.
Male
W.C.
Landing
Martins Barn
24 Southgate Chichester West Sussex PO19 1ES
T 01243 819000 www.flude.com
Elmstead House
Martins Barn
Garage/Playroom
Apple Store
The Old Dairy
24 Southgate Chichester West Sussex PO19 1ES
T 01243 819000 www.flude.com
Tenancies
A full summary of the Tenancies and Accommodation is set out in the attached
Tenancy schedule.
The Tenants
Elmstead House
This is let to a private tenant (further information on request) who have been in
occupation for some 4 years. The Assured Shorthold Tenancy expires in July
2016.
Martins Barn
Martins Barn – The Autobarn
The commercial Tenancy details are set out in the attached schedule.
Energy Performance Certificate ratings
Elmstead House D
Autobarn C
Martins Barn D
The Autobarn
24 Southgate Chichester West Sussex PO19 1ES
T 01243 819000 www.flude.com
Tenancy Schedule
Property
Elmstead
House
Tenant
Private Tenant
Rising to
Tenant Break
Lease End Rent pax (Effective
Options
Date)
Total
Lease
Lease Start
Term
NIA sqft
Next Rent
Review
Rent
psf
TBC
31.07.2014
2 years
N/A
Minimum 2
months notice
30.07.2016
£27,600
N/A
N/A
Rent deposit of
£2,920
N/A
Comments
Service Charge
Proportion
The Autobarn
GWA (UK) Ltd
1,275
14.07.2005
10 years
N/A
N/A
13.07.2015
£20,000
N/A
£15.69
FRI lease. Use= B1
offices. Within 1954
L & T Act.
22.5% of private
sewage treatment plant.
(excludes roadway).
Unit 1 Martins
Barn (Ground
Floor South)
The Blue Print
1,330
Design Company Ltd
03.04.2008
5 years
None
N/A
02.04.2013
(holding
over)
£18,500
N/A
£13.91
Effective FRI lease.
Guaranteed by
Directors of the firm.
Use = B1 offices.
Within 1954 L & T
Act. 6 parking spaces.
29.55% of the
buildings insurance
and service charge
(excludes roadway).
Unit 2 Martins
Barn (Ground
Floor North)
The Seaman
Partnership Ltd
1,330
25.03.2013
5 years
None
25.03.2015
(not exercised)
24.03.2018
£17,500
N/A
£13.16
Effective FRI lease.
Use = B1 offices.
Within 1954 L & T
Act. 6 parking spaces.
29.55% of the
buildings insurance
and service charge
(excludes roadway).
Unit 3 Martins
Barn (First
Floor South)
Da Gama
Maritime Ltd
900
20.07.2012
5 years
None
Rolling break
option from
20.07.2014
subject to
minimum 4
months written
notice
19.07.2017
£12,000
N/A
£13.33
Effective FRI lease.
Use = B1 offices.
Within 1954 L & T
Act. 5 parking spaces.
20.45% of the
buildings insurance
and service charge
(excludes roadway).
Unit 4 Martins
Barn (First
Floor North)
OuterEdge UK Ltd
900
10.07.2013
5 years
None
10.07.2016
6 months
notice
09.07.2018
£11,500
£12,000
£12.78 Effective FRI lease.
(10.07.2015) (£13.33) Use = B1 offices.
Excluded from 1954
L & T Act. 5 parking
spaces. Rent deposit
held of £3,600
Totals
£107,100
Rising to
£107,600
5,735
24 Southgate Chichester West Sussex PO19 1ES
T 01243 819000 www.flude.com
20.45% of the
buildings insurance
and service charge
(excludes roadway).
Tenant Information
Price
Address
Tenant
Company Reg
Activity
The Autobarn
GWA (UK) Ltd
2724347
Vehicle acquisition, management and finance consultancy.
Est 1992
On application
Unit 1 Martins
Barn (Ground
Floor South)
The Blue Print
Design Company Ltd
1919157
Branding and product design digital media pieces
for clients including charities, building, leisure, medical,
pharmaceutical and service building sectors. Est 1986
Unit 2 Martins
Barn (Ground
Floor North)
The Seaman
Partnership Ltd
6015319
Commercial and residential Architects. Est 2006
Unit 3 Martins
Barn (First
Floor South)
Da Gama
Maritime Ltd
8089996
Da Gama Maritime was created to support professional
mariners in the safety of navigation by maintaining compliant
navigation outfits and professionally trained crew. Est 2012
Unit 4 Martins
Barn(Ground
Floor North)
OuterEdge UK Ltd
3712531
Magento designers who build creative, strategic and
integrated websites that engage consumers and transform
businesses. Est 1999
24 Southgate Chichester West Sussex PO19 1ES
Further information
Contact Mark Minchell
[email protected]
01243 819000
Viewings strictly by prior appointment.
T 01243 819000 www.flude.com
N
Martins Barn
Elmstead
House
Autobarn
24 Southgate Chichester West Sussex PO19 1ES
T 01243 819000 www.flude.com
Design by Strohacker Studio www.strohacker.net
24 Southgate Chichester West Sussex PO19 1ES
T 01243 819000 www.flude.com