Commercial properties for rent in Ringwood, Hampshire

Forest Gate Business Park comprises a prime commercial development site

Location

Forest Gate Business Park has direct access from Christchurch Road (B3347), Ringwood, approx 0.5 miles to the south of the town centre. The site is situated within approximately 1 miles of the A31 dual carriageway, linking with Southampton and the motorway network beyond.

DESCRIPTION

Forest Gate Business Park comprises a prime commercial development site, having a total gross area of approx 7.0 hectares (17.36 acres). The site is mainly level and access will be from Christchurch Road by way of a newly formed roundabout junction. The current Owners are proposing to install internal estate roads (to adoptable standards) and services to enable division of the site into smaller parcels.

PLANNING

Outline planning permission was granted 5 August 2013 (planning ref no 11/97377) by New Forest District Council for development of the site for B1, B3 and B8 use, subject to conditions. A copy of the Planning Consent can be provided upon request.

DEVELOPMENT OPPORTUNITY

Serviced parcels of land are offered for sale freehold for commercial development from approx 0.2 hectares (0.5 acres) upwards. Alternatively, competed commercial buildings can be provided to suit occupiers requirements on a design and build basis.

SITE MANAGEMENT

It is proposed that internal estate roads and common infrastructure will be transferred to a specially formed Management Company which will be responsible for maintenance, etc, subject to recovery of costs from individual owners by way of a service charge. It is proposed that ownership of the Management Company will, at a future date, be transferred to individual freehold owners.

TRAVEL PLAN

Occupiers will be required to enter into a Travel Plan Agreement in accordance with the agreed Travel Plan Framework.

LOCATION
The property is situated in the centre of Ringwood close to Fridays Cross. Ringwood is a vibrant New Forest market town with excellent road communications via the A31 and A338 providing good access to Bournemouth, Poole, Salisbury, Southampton and the motorway network to London.

DESCRIPTION
The property comprises a three storey building with a self-contained retail unit on the ground floor together with two floors of offices above with their own entrance off High Street.

The accommodation comprises of two good sized cellular offices on the first floor together with WC and kitchenette facilities, and an open plan office on the second floor.

ACCOMMODATION
First Floor offices - 795 sq. ft.
Second Floor offices - 445 sq. ft.

TOTAL - 1,240 sq. ft.

LEASE TERMS
The whole suite is available by way of a new full repairing and insuring lease for a term to be agreed.

RENT £12,500 pa.

VAT
We understand that the property is elected for VAT and therefore the rent will be subject to VAT.

BUSINESS RATES We understand that the property has a rateable value of £10,500.

ENERGY PERFORMANCE
The property has an Energy Performance Asset Rating of E (111).

COSTS
The ingoing tenant to be responsible for the landlord’s reasonable legal costs in relation to the grant of a lease.

2754

Location

Austin Park is a recently constructed (2014) select development of business units on the Forest Gate Business Park on the busy B3347 Christchurch Road approximately ½ mile from Ringwood Town Centre and the main A31 and A338 connecting to the M27/M3 motorway network and Salisbury respectively.

Lidl are situated at the entrance to the Business Park and the offices are immediately adjacent the to be constructed Churchill Retirement Living headquarters and opposite Eberspacher.

Description

The property has been constructed to a high specification and boasts the following features:-

• Brick outer, blockwork inner wall construction
• Cladding to upper elevation
• Sloping steel clad roof
• Double glazed windows to all external elevations
• Suspended ceilings
• Perimeter trunking
• Carpeting
• LED integral lighting
• Comfort cooling heating system
• Fitted kitchenette
• Male and female cloakrooms
• 7 designated on site car spaces.

Accommodation

The suite provides a net floor area of 2,050 sq ft (IPMS including 71 sq ft limited use area)

Lease terms

The premises are available by way of a new full repairing and insuring lease, terms to be agreed.

Rent

£24,600 per annum exclusive plus VAT.

Rates

To be separately assessed

1977/SJT

Location

The property is located on the Carvers Industrial Estate with access from Southampton Road close to Ringwood town centre within a quarter of a mile of the A338 (Ringwood to Salisbury Road) and the A31 Intersection. The A31 provides dual carriageway access to Bournemouth and Poole to the west (via A338/A31) and links with the M27/M3 to the east.

Description

The premises comprise a mid terrace unit constructed of brick/block lower elevations with cladding above and a steel portal frame supporting a pitched roof incorporating translucent daylight panels. Features include:-

 Double entrance doors
 Separate store/office
 Teapoint
 WC
 Electric roller shutter security door behind glazed screen
 Minimum eaves approximately 4.5 metres

Planning

In accordance with our normal practice we advise all interested parties to make their own enquiries through the Planning Department of New Forest District Council (tel: 02380 285345) in connection with their own proposed use of the property.

Services

We recommend all prospective occupiers should make their own enquiries as to the availability and capacity of the various utility services.

Tenure

The premises are currently held on a 10 year full repairing and insuring lease from 26th June 2015 incorporating an upward only rent review on 26th June 2020 at a current passing rent of £18,601 per annum exclusive.

The rent quoted is exclusive of VAT, business rates, service charge, insurance premiums and all other outgoings.


The property is available to let by way of lease assignment or sub-let subject to landlords consent.

Legal Costs

As is customary, the ingoing tenant will be responsible for our client’s reasonable legal costs incurred in the completion of the legal documentation.

Rates

The District Valuer’s website provides the following information:-

Rateable Value: £12,000 (1 April 2017)

Source: www.voa.gov.uk

The property may qualify for small business rate relief if your business only uses one property. Please confirm with the business rates department of New Forest District Council