29 March 2019
SHW Business Space have completed the long leasehold sale of Unit 11, Graylands Estate, Horsham (1,730 sq ft) to United Washrooms. The self-contained industrial/warehouse premises with loading door and mezzanine is one of five new-builds on the Estate. Block B consists of four B1 office suits available on a 999 year lease available with SHW and Crickmay.
According to new SHW data industrial/logistic demand and rents are rising in the area, and it is anticipated mid-Sussex speculative builds will be rewarded in a rising market.
The remaining new units are offices that are all under offer on a long leasehold:
The developer said: “With low availability and growing occupational demand for industrial and business space at Graylands Estate, we are pleased that our confidence to build speculatively was rewarded.”
SHW Business Space Associate Laura Miles said: “This is a sought-after estate set against an idyllic rural area but is also well connected to the South East with plenty of parking. It is an example of if the right units are built, there is confidence in the market for purchasing long-leaseholds.”
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