16 July 2021
Business Space, Commercial, Industrial & Logistics
Datsun/Nissan’s former spare parts warehouse in Worthing, West Sussex, is being refurbished and relaunched as Faraday 261 to provide 261,000 sq ft of high-spec distribution space.
It will be significantly larger and taller than other warehousing facilities in this area of the south coast, offering eaves heights of 9.5-10m, more suited to modern logistics operators than the 6m generally available.
In addition, a guide rent of £7.50 per sq ft compares with £14 per sq ft for buildings of a similar size and quality in locations like Crawley, 20 miles to the north.
Faraday 261 is being comprehensively refurbished by a private institutional landlord and will be completed in Q3 2022. The 10-acre secured site, three miles north-west of Worthing, comprises three high-bay units with 11 dock level doors and 10 level access doors.
The 1970s distribution centre was part of Datsun’s/Nissan’s state-of-the-art UK headquarters that included an office block, now being redeveloped separately for housing. The complex became redundant when Nissan moved to Sunderland in the 1990s.
Littlehampton Book Services was the most recent tenant, relocating to Oxfordshire in February 2020.
SHW agency partner David Martin, joint agent with Tim Clement of JLL, comments: “There is nothing of this size on the south coast until you get to Southampton. Although Worthing is not the most readily recognised logistics location, the quality and spec of Faraday 261 and its good road connections will have broad appeal and we are already talking to interested parties.”
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