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Unit 3, Penton Business Park, Stony Lane

To rent: ROA|7,037.66 Sq Ft|Light Industrial, Retail - High Street, Leisure Property, Industrial, Retail, Licensed & Leisure

Property details

TO RENTROA
SIZE7,037.66 Sq Ft
ADDRESSUnit 3, Penton Business Park, Stony Lane, Christchurch, Christchurch, BH23 1EZ
TYPELight Industrial, Retail - High Street, Leisure Property, Industrial, Retail, Licensed & Leisure
TENURETo Let
POSTED ON24th March 2023

Description

Key Points

  • Massive Rent Reduction
  • Last remaining unit
  • New build
  • Prominent site in close proximity to a number of motor vehicle dealerships
  • Available now
  • Three of the four units are already let to Major and National companies
  • Summary

    New build trade counter/industrial units, with potential for leisure consent, Stony Lane, Christchurch, Dorset BH23 1EZ

    Description

    The newly completed development comprises four warehouse units to be constructed of steel frame with clad elevations. We are advised each unit will provide the following specification:-

    • Loading access door
    • Aluminum glazed curtain walling
    • Personnel entrance
    • Parking
    • First floor ancillary mezzanine

    Three of the four units are already let to Major and National companies, with rent free periods available.

    Location

    The development is situated approx. 1 mile east of the Dorset town of Christchurch which in turn lies immediately to the east of the Bournemouth/Poole conurbation.

    The site has frontage to Stony Lane which has direct access to the A35 which is a main east-west south coast road link.

    The development immediately adjoins the existing Horizon and Westover motor dealerships. Other occupiers in Stony Lane include B&Q, Currys/PC World, Magnet and Tile Giant.

    Promo

    RENT REDUCTION

    Tenure

    Available by means of new full repairing and insuring leases for a term to be negotiated.

    Rent

    The property is now available at a reduced rent of £55,600 per annum excusive (subject to covenant strength).

    The rent is exclusive of business rates, service charge (if applicable) utilities, insurance and VAT

    Planning

    We are advised the development has consent for uses falling within B8 (storage & distribution) the Town and Country Planning (Use Classes) Order 1987. The planning application can be viewed by the following link: -

    http://planning.christchurchandeastdorset.gov.uk/plandisp.aspx?recno=112750

    Any parties with concerns in respect of their proposed use are encouraged to contact the Local Authority.

    Business Rates

    Awaiting assessment following completion of the development.

    EPC

    Available following completion of the development.

    Location

    marker
    Location: Unit 3, Penton Business Park, Stony Lane, Christchurch, Christchurch, BH23 1EZ

    Christchurch (0.7 miles)

    Pokesdown (2.6 miles)

    Hinton Admiral (2.6 miles)

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