The for sale Elmstead Portfolio Chichester PO20 7BX Location 7 A2 7 A259 Chichester CH HE ST ER gn or Ro WHYKE BY -PA SS ad SS IC Bo TER BY-PA A286 Fishbourne Bo gn or Ro ad A27 86 A2 m ha B2145 ad Ro rd Bi 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 Ln Opal Marine A2 kL n Birdham Pool Marina 86 Lock Birdham Pool Lo c Elmstead House 86 A2 86 A2 Ch ur ch 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. s Ln rtin Ln Ma ain ad Ro M Birdham 86 A2 24 Southgate Chichester West Sussex PO19 1ES T 01243 819000 www.flude.com d Bir m ha ad Ro 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
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