Industrial Park to rent

Building 50 (Unit 1) Southmoor Lane

£2,708 pcm
5,165 sq. ft.

Property Description

Commercial information

  • 5,165 sq ft (479 sq m)

Key features

  • Excellent motorway and road links
  • Good visibility from Southmoor Lane
  • Modern reception area
  • Detached heated warehouse
  • Secure compound

Full description

Tenure: Leasehold

Location

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.

Description

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.

Tenure

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.

Terms

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.


More information from this agent

Nearest stations

  • Bedhampton (0.6 mi)
  • Havant (0.7 mi)
  • Warblington (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hughes Ellard , Fareham

The Malthouse Cams Hall Estate, Fareham, PO16 8UT

01329 279006 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Bedhampton (0.6 mi)
  • Havant (0.7 mi)
  • Warblington (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hughes Ellard , Fareham

The Malthouse Cams Hall Estate, Fareham, PO16 8UT

01329 279006 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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Property reference 604-2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hughes Ellard , Fareham.

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