Investment For Sale - offers in excess of £1.65 million for the freehold interest, subject to contract

 

Summary

  • Established car dealership investment with workshop accommodation
  • Occupied by SLM Group trading with a Toyota franchise
  • Let on 15 year lease with tenant breaks
  • Potential for future development or alternative uses, subject to planning, including self storage, IOS, retail, hotel or trade counter uses
  • Passing rent of £100,000 per annum, with no VAT
  • Seeking offers in the region of £1,650,000 reflecting a Net Initial Yield of approximately 5.71% assuming standard purchasers costs of 6% and a capital value of £166,000 per sq ft.

Accommodation

The accommodation comprises the following areas:

Namesq ftsq m
Ground - Showroom 3,857 358.33
Ground - Workshop 3,742 347.64
1st - Office/store 1,080 100.34
Mezzanine - Storage 240 22.30
Ground - Rear workshop 994 92.35
Total9,913920.96
Toyota Uckfield, Bellbrook Industrial Estate - 20260505_093905.jpg

Location

The property is situated on Bell Brook Business Park, an established commercial location in Uckfield, East Sussex. The estate provides access to the town centre and surrounding road network, serving the wider East Sussex catchment and supporting its established motor trade use.

Bellbrook Industrial Estate is a large industrial estate, comprising over 145 warehouse and industrial units. Current occupiers include: Halfords, ToppsTiles, Screwfix, Enterprise, Kwik-Fit, McDonalds, Halfords and Pureprint.

Get directions from Google Maps

Further Information

Rates Payable Upon Enquiry


Description

The property comprises an established Toyota car dealership and workshop premises on a site extending to just short of 1.0 acre. The accommodation provides car dealership and servicing facilities suited to ongoing automotive use, while also offering potential for longer term alternative future uses, subject to planning.

Lease

A new 15 year lease was signed at the beginning of 2026. The lease includes tenant break options at 5 yearly intervals, together with an additional 2 year break in the event of loss of franchise. The current annual rent is £100,000 per annum with open rent reviews 5 yearly. The letting is not elected for VAT.

Tenant Covenant

The tenant, SLM Group (St Leonards Motors Group), is a long-established automotive retailer with more than 60 years of trading history. The business operates dealerships across East Sussex, Kent, Norwich and East Anglia, and provides new and used vehicle sales, vans, servicing and MOT facilities. Core franchise operations include SLM Toyota and SLM Vauxhall, supporting the covenant strength of the occupational lease.

Guide Price

Offers in excess of £1.65 million for the freehold interest, subject to contract.

Viewings

Through Sole Agents Vail Williams