Detached warehouse for sale or to let

Location

The property is in an established industrial area close to Dock Gate 20 of Southampton Docks. Southampton City Centre is approximately 2.5 miles distant via Millbrook Road West and the M271, leading to Junction 3 M27 motorway, less than 1 mile distant along the Redbridge Road (A33).

Description

A fully self-contained site. Three linked sections with parking and external storage areas, of which part is covered.

• Forecourt plus enclosed yard area
• Various eaves heights up to 8.5m.
• Overhead gantry (front section) not tested
• Loading doors to front and rear sections
Quality air conditioned offices on the first floor and in the ground floor centre section
Accommodation

Front and centre section
Main Warehouse ……...4,749 sq ft ( inc 398 mezz. )
Ground floor offices …1,796sq ft
Total ……………………………..6,545 sq ft

Rear section
Warehouse …………….5,780 sq ft
1st floor Offices ………...2,181 sq ft
Total …………………….…..…..7,961 sq ft

Total ……………….14,500 sq ft (1,347 sq m)

All areas are gross internal approximate
Rateable Value

Source www.voa.gov.uk on 04/04/18
Rateable Value – £53,000
UBR - £0.493 ( 2018/2019 )
To be checked by the ingoing occupier

Rent

£85,000 per annum exclusive
Available on a new lease, terms to be agreed. Full repairing and insuring basis

OR FOR SALE WITH VACANT POSSESSION

PRICE offers invited around £650,000

Ground leasehold interest with term until 31/03/2054. Ground rent £125 pa fixed throughout the term. Further details upon request


Planning

The property was until recently used for warehouse and industrial purposes, but in 2014 consent was granted for change of use to a Training Centre (Class D1). Any potential tenant or purchaser requiring an alternative use is to make their own enquiries of Southampton City Council