Project Description

Units 1-3, Link 23, Nursery Lane, Warninglid, Haywards Heath, West Sussex, RH17 5JS

Scheme name: Link 23
Location: Handcross, Crawley
Use: Industrial
Date purchased: 2019
Programme: 12 months
Size: 42,911 sq ft
Contract value: £4.7m
GDV: £9.5m
Rental Value: £127k p.a (ERV £494k p.a)

Specification summary: Martin’s Properties acquired the site and forward funded the developer and contractor off vacant possession values. The industrial scheme comprised 3 units in a single terrace, each benefiting from 6.6m clear eaves height, dedicated loading doors, 50kN/m2 loading, 3 phase power, mezzanine offices and parking. Martin’s Properties let the units and sold the completed scheme to Mileway/M7.

Completion date: 2021
Sold: 2021