Office Investment - For Sale
The property is located on the well established Rotherbrook Court Office Campus, with onsite allocated car parking. Bedford Road provides convenient, quick access to the A3(m) and town centre. The town centre provides a strong shopping district. In addition, Petersfield railway station is located approximately 0.8 miles away, providing excellent links to London. Other occupiers include National Farmers Union, Handelsbanken. In the vicinity other occupiers include Colt International Limited, Money Barn, Neural Technologies, Whitman Laboratories.
The property comprises a ground floor office suite within a two storey end of terrace office building benefiting from the following amenities: * Suspended ceiling with recessed Category 2 lighting. * Open plan and partitioned offices (landlord’s fittings). * WC * Comfort cooling and heating. Externally there are 5 allocated car spaces
The Lease The office is currently let to Event Technologies Limited who are on a Law Society Business Lease with the following terms: Start date: 1st January 2018 Lease expiry: 31st December 2020 Security of Tenure: The lease is contracted outside the Security of Tenure provisions of the Landlord and Tenant Act 1954 Part 2. Repair: Full Repairing and Insuring Lease. Rent: £19,000 per annum exclusive of business rates, service charge and VAT. Tenant Event Technologies were launched in 2005 and have over 20 years experience in multi media and live events industry. Clients include Audi, Bristol-Miers, Squibb, Capital SIMS, HSBC, KIDS, The Home Office, Willow Foundation. www.event-technologies.co.uk
Prominent Roadside Development Site Suitable for a Variety of Uses
"Teardrop" is prominently located on the M27 with a unique position centred within the slip roads accessed from Portway, Port Solent conveniently positioned off Southampton Road/A27 providing a superb location for both City Centre and motorway access. The site is in close proximity to Premier Marinas' 400 berth marina with associated leisure facilities, cinema, David Lloyd Leisure, restaurants. Junction 12 of the M27 is a popular and established commercial location with IBM UK headquarters located at the successful Lakeside office campus together with North Harbour Business Park, home to Blake Lapthorn Solicitors, Land Rover and 24/7 Tesco Super Store. The site will suit a business seeking both excellent communications but also the opportunity to benefit from high profile being sited on the eastern gateway to the M27 motorway corridor.
The site is approximately 5 acres and will be accessed from Port Way, Port Solent via an underpass to the motorway slip road. The site represents a high profile location for an occupier. There is an easement enabling an underpass to be constructed beneath the M27 link road providing access from Port Solent Estate Road - Port Way. A planning application will be required to suite an occupier's requirements. However, it is understood that Portsmouth City Council have responded favourably for a commercial development on this site for a variety of uses. However, it is believed that a warehouse/industrial building with ancillary offices would be best suited. The site is a "The Gateway" location to Portsmouth and the Solent corridor and the planning department will wish to have a strong influence on the design and nature of the scheme.