Industrial Premises - To Let/May sell Rent - £32,500 pax
The premises are located just south of the A27 and approximately 1 mile from the A27 and A3(M) interchange which provides direct access to London to the north and Portsmouth and Southampton to the west, with Chichester and Brighton to the east. The property occupies a prominent location within an established industrial district. Southmoor Lane is the principle estate road leading into Penner Road and Endeavour Business Park. The area benefits from a catchment population of approximately 425,000 within a 20 minute drive. The immediate area has been subject to a major redevelopment over recent years including a Tesco Superstore and Solent Retail Park and Trade Park. Occupiers within the retail park include Sports Direct, Laura Ashley, Next, Hobbycraft and Marks & Spencers. Solent Trade Park includes Halfords, Topps Tiles, Screwfix and Toolstation. Major employers within the immediate vicinity include Wartsila, Fat Face and SSE.
The building is of steel portal frame construction under a pitched roof incorporating translucent panelling with brick, block and profile clad elevations. The premises are a self-contained detached building with secure forecourt parking. The premises benefit from the following: * Up and over loading door (3.1w x 2.6h) * Self contained fitted reception area *Mezzanine floor *Kitchen/tea point *Gas blower heating system *Eaves (3.5m) The premises are about to undergo refurbishment works. A schedule is available upon request.
Leasehold The headlease expires in May 2023 with a passing rent of £32,500 pa and the next rent review due on 1 June 2018.
Available by way of assignment of the headlease or a new sub-lease for a term to be agreed. Any sub-lease is to be contracted outside Section 24-28 of the Landlord and Tenant Act 1954. Alternatively, consideration could be given to a sale of the property.
High Quality Industrial/Office Building - To Let
Alexandria Park is situated in the modern well established business district along Penner Road and its junction with Southmoor Lane, south of the A27 and benefits from excellent access to the A27/M27 towards Chichester (10 miles), Brighton (45 miles) to the east, Portsmouth (5 miles) and Southampton (22 miles) to the west. Havant Town Centre, bus terminus and mainline railway station are located approximately 2 miles from the premises. Havant railway station provides regular direct services into London Waterloo (approx. 1hr 45 mins) via Guildford.
The property is part of a modern development of seven high quality industrial units of steel portal frame construction with profile steel cladding and part brick elevation, beneath a pitched roof. The unit has connections to all mains services and the benefit of electric loading door, gas heating, ground floor male, female and disabled cloakrooms. 5.5m eaves height in warehouse. Internally, the unit has been fitted out to a high standard to include offices and warehouse areas. Outside there is good car parking and a shared serviced yard.
The premises are available on a new lease for a term to be agreed at a commencing rental of £50,000 per annum, exclusive of VAT and all outgoings.
Flexible Modern Business Space
Havant is well located at the junction of the A3(M) with the A27/M27 on the south coast. Havant is an established business location with major employers including Xyratex, Colt International, Gemalto and Dunham Bush. Nest Business Park is located on the northern side of the town, adjacent to the major New Lane industrial area.
The available building forms part of the successful Nest Business Park which was constructed in 1999 and is occupied by companies including IBM, Gemalto and Outsource.
Nest Business Park is an innovative concept and provides a number of flexible use buildings. Unit 200/250 is presently fitted to provide approximately 4000 sq ft office and 4000 sq ft production/assembly space. The space is very versatile and can provide for any contribution of office or light assembly uses.Terms
The property is available on a new lease.