Freehold Modern Office Investment close to Gatwick Airport
Entirely let to Delta Airlines Inc
Approximately 1,108.12 sq m (11,926 sq ft) with excellent car parking
Prominently situated in an established office area in the town centre
Conveniently situated approximately 3 miles from Gatwick Airport
Nearby occupiers include Global Aviation Asset Management, Continental Airlines, Landmark Chartered Surveyors and Guinness South
Six week completion available
Lot 18
Auction 9th December 2010
Rent £235,000 per Annum Exclusive
Status Withdrawn Prior
Price
Sector Office
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
Property Information
Location
5 miles north of Crawley
6 miles south of Reigate
35 miles east of Guildford
Roads
A23, M23 (Junction 9), M25 (Junction 7)
Rail
Horley Railway Station (London Victoria approximately 45 minutes)
Air
Gatwick International Airport (3 miles)
Situation
The property is situated on the prominent corner of Consort Way and Albert Road, immediately north of the town centre amenities at Princess Parade and High Street. Horley Railway Station is a short walk away being some 0.3 miles south of the property. Horley benefits from being conveniently situated immediately to the north-east of Gatwick Airport and offices are therefore predominantly occupied by the Aviation industry.Nearby office occupiers include Global Aviation Asset Management, Continental Airlines, Landmark Chartered Surveyors and Guinness South.
Tenure
Freehold.
Location
5 miles north of Crawley
6 miles south of Reigate
35 miles east of Guildford
Roads
A23, M23 (Junction 9), M25 (Junction 7)
Rail
Horley Railway Station (London Victoria approximately 45 minutes)
Air
Gatwick International Airport (3 miles)
Situation
The property is situated on the prominent corner of Consort Way and Albert Road, immediately north of the town centre amenities at Princess Parade and High Street. Horley Railway Station is a short walk away being some 0.3 miles south of the property. Horley benefits from being conveniently situated immediately to the north-east of Gatwick Airport and offices are therefore predominantly occupied by the Aviation industry.Nearby office occupiers include Global Aviation Asset Management, Continental Airlines, Landmark Chartered Surveyors and Guinness South.
Tenure
Freehold.
Description
The property comprises OFFICE ACCOMMODATION on ground, first and second floors. The accommodation benefits from an 8-person passenger lift, raised floors, suspended ceilings and inset category II lighting. The property also benefits from CAR PARKING for some 31 cars accessed via a car park on Consort Way, diagonally opposite the property.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises OFFICE ACCOMMODATION on ground, first and second floors. The accommodation benefits from an 8-person passenger lift, raised floors, suspended ceilings and inset category II lighting. The property also benefits from CAR PARKING for some 31 cars accessed via a car park on Consort Way, diagonally opposite the property.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground First Second
Office Office Office
383.18 sq m 383.18 sq m 341.79 sq m
(4,124 sq ft) (4,124 sq ft) (3,679 sq ft)
DELTA AIRLINES INC (1)(2)
25 years from 24/06/1989 on a full repairing and insuring lease
£235,000
23/06/2014
Totals
1,108.12 sq m
(11,926 sq ft)
£235,000
(1) Delta Air Lines serves more than 160 million customers each year. With its unsurpassed global network, Delta and the Delta Connection carriers offer service to more than 350 destinations in nearly 70 countries on six continents. Delta Air Lines operates services to more worldwide destinations than any airline. Between its mainline operation and subsidiaries, Delta employs approximately 75,000 people. (Source: www.delta.com)(2) Please note, the tenant is not currently occupying the property. The tenant has sub-let part of the first floor to Northwest Airlines Inc and the second floor to American Express Europe Limited. The sub-tenants are not currently occupying the property.NB The property is to be sold with the benefit of a deed relating to the use of the 31 car parking spaces The right is for a duration ending on 23rd June 2112 Further information is available on request
