News

15 November 2019

For sale: Newhaven Wharfside warehousing

Industrial & Logistics


Acting on behalf of private clients SHW have been instructed to market the freehold interest of Enterprise Works in Newhaven.



On the market for £1,250,000 and totaling 21,203 sq ft on a site area of approximately 1.1 acres on the eastern side of Newhaven Harbour, the building provides the opportunity to acquire a rarely available freehold interest in an area where there is a very limited supply of properties.

 

Formally used as an Enterprise Centre for fledgling businesses the building is arranged in seven bays with a yard area to the rear.

 

David Martin of selling agents SHW comments: “There is currently a strong demand for freehold industrial buildings of all sizes from occupiers and developers alike. Our experience is that purchasers will travel a much greater distance to view and purchase a freehold rather than for a leasehold property, driven by the extreme shortage of available freehold stock.

 

“SHW having recently sold three other freehold properties along the Sussex Coast anticipate a good demand for this property.”


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Author

David Martin

Agency

Partner (Head of Sussex Coast)

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