Sutherland House, Crawley

CBGA Robson have been instructed to manage Sutherland House, a 93,000 sq.ft office building located between Crawley and Three Bridges. 

Property is located on a large plot including 200 car parking spaces. 

It is let to Paymaster Limited, guaranteed by Equiniti Group PLC, with 14.5 years unexpired at a current rent of £1,100,000 per annum i.e £11.82 per s.f.

The freehold interest in the building was recently acquired on behalf of private clients in approx sum of £16.5m, which shows a net initial yield of 6.25%.