The site is located at the foot of Little Park Farm Road, which serves Segensworth West, and is accessed via a railway bridge, bordered by a railway line and the M27 motorway immediately west of Junction 9. Segensworth is both a popular and established commercial location, providing immediate access to the M27 and A27 south coast road, strategically positioned between Southampton and Portsmouth. The location is well served, with Whiteley Shopping Village to the north and Park Gate Village to the West. There are railway stations at nearby Swanwick and Fareham. Occupiers in the vicinity include Makro, Scania, Safran Helicopters, CooperVision and TUV.
The freehold site is an 11.50 acre. (4.65 ha.) previously undeveloped greenfield area available for sale and development for business/ employment uses, subject to the usual planning consent. A small commercial vehicle workshop is included within the site and is currently on a short lease with a landlord redevelopment break option.
The site is zoned for employment uses under the Fareham Borough Council Local Plan. The Vail Williams planning team would be happy to provide initial desk top planning advice for potential
Asset Rating - TBC
Rateable Value - To be assessed
Source www.voa.org.uk The 2020/2021 standard multiplier is 0.499 (4.99p payable per £1). The 2020/2021 small business multiplier is 0.499 (49.9p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.
Offers invited for the freehold interest. There is an existing commercial vehicle workshop which is included within the site on a short lease with a Landlord redevelopment break option.
Full details on request.
( Agency Pilot Software Ref: 7029 )