Nestled in a largely rural setting just south of Horam, East Sussex, this property offers a unique opportunity for renovation and investment. Currently functioning as a secure storage yard, the site features a concrete surface and is enclosed by robust high-security fencing. Its layout includes two straightforward brick buildings—one serving as an office and the other as a storage unit.
The property is leased to Avanti Gas Limited, which utilizes it to facilitate its adjacent gas storage operations. This arrangement underscores the property's significant logistical value, as it provides essential access for delivery tankers associated with the gas (LPG) storage facility next door. With its remote operation model, the site has potential for various uses beyond its current configuration.
Spanning approximately 0.221 hectares (0.545 acres), this freehold site presents an intriguing canvas for redevelopment or expansion. While it currently hosts minimal infrastructure, its surroundings are part of local development studies that suggest promising future growth prospects. The Wealden Local Plan does not allocate this site specifically but positions it within an area highlighted for potential investment.
The existing structures offer modest accommodation with an office measuring 18.53 sqm (200 sqft) and store space of 21.93 sqm (236 sqft). Given the area's evolving landscape, there is substantial scope to enhance or repurpose these buildings within compliance of local planning regulations.
Tenured by a 10-year FRI lease to Avanti Gas until May 2032 at a current rental rate of £20,000 per annum—subject to triennial rent reviews based on RPI—the property already generates steady income while allowing for strategic future enhancements. Importantly, Avanti Gas is backed by UGI Corporation in the USA, providing additional assurance regarding tenant stability.
Utilities such as mains water, drainage, and electricity are already connected to the site, simplifying any redevelopment efforts you may consider. Additionally, no VAT registration on the property means that any prospective buyer could benefit from straightforward transactional terms.
Overall, whether you seek to maintain the existing operations or explore alternative development paths in this prime location with access rights extending towards neighboring residential areas, this property provides both immediate functionality and long-term investment potential in a growing sector.
