Industrial Park for sale

Unit B1 & B2 Redfields Industrial Park, Fleet, Hampshire, GU52

6,670 sq. ft. | £1,400,000

Property Description

Commercial information

  • 6,670 sq ft (619 sq m)

Key features

  • BOTH PROPERTIES FULLY LET TO ONE TENANT
  • SITUATED ON AN ESTABLISHED INDUSTRIAL ESTATE
  • BUILDINGS FEATURE GOOD INTERNAL HEIGHT
  • BOTH UNITS WITH FULL HEIGHT LOADING DOORS
  • ALLOCATED PARKING
  • GOOD LOADING ACCESS
  • LET TO A RELIABLE TENANT SINCE 2012

Full description

Tenure: Freehold

LOCATION
Redfields Park is situated on the east side of Redfields Lane, Church Crookham, about two miles south of Fleet. The Park is easily accessed from junctions 4, 4A & 5 of the M3 motorway. From Fleet, there are fast and frequent train services to London (Waterloo), the best journey time in approximately 35 minutes. Farnborough airport is an approximate 10 minute drive.


DESCRIPTION
The investment consists of two adjacent industrial units let to one tenant. Unit B1 consists of approximately 45% of the building being laid out to offices over two floors, with the remainder of the accommodation being full height industrial space served by a loading door, and also includes a storage mezzanine floor.

Unit B2 consists of full height industrial space, served by a full height loading door, plus a mezzanine store.

ACCOMMODATION
Approximate floor areas as follows.

Ground Floor Industrial 3,377 ft 313.73 m
Mezzanine Floor 1,268 ft 117.80 m
Ground Floor Offices and Ancillary 2,090 ft 194.16 m
First Floor Offices 1,885 ft 175.12 m

COMBINED AREA 8,620 ft 800.81 m
Ground Floor Industrial 5,215 ft 484.48 m
Mezzanine Floor 1,455 ft 135.17 m

COMBINED AREA 6,670 ft 619.65 m
TOTAL AREA 15,290 ft 1,420.46 m

PARKING
Approximately 24 parking spaces for the two properties.

TENANT
Both premises are fully let to one tenant RJL Precision Engineering Limited, we understand the company has been trading for many years, and my client has confirmed that they have always paid their rents fully and punctually since the leases were granted.

LEASES
Both premises are fully let to one tenant RJL Precision Engineering Limited on the following Full Repairing and Insuring lease terms

Unit B1 Lease Expiry on the 4th January 2022 let at a rent of 59,133 pax.

Unit B2 Lease Expiry on the 30th April 2019 let at a rent of 45,776 pax.
A total rent role of 104,909 pax.

TENURE
The properties are owned Freehold.



VAT
We understand from our client that the premises have not been elected for VAT.

PRICE
The freehold interest of both properties are available for sale subject to the occupational leases at a figure of 1.4m, or Unit B1 is for sale separately at a price of 795,000, and Unit B2 is for sale at a price of 625,000. However, please note that if the buildings are sold separately, then our client will wish to complete on Unit B1 first before committing to selling Unit B2.

LEGAL COSTS
Each party to pay their own legal costs in the matter.




More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Fleet (2.8 mi)
  • Winchfield (3.4 mi)
  • Farnham (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Clare & Co, Farnborough

7 Alexandra Road, Farnborough, GU14 6BU

01252 915173 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

  • Fleet (2.8 mi)
  • Winchfield (3.4 mi)
  • Farnham (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Clare & Co, Farnborough

7 Alexandra Road, Farnborough, GU14 6BU

01252 915173 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.

Disclaimer - Property reference UnitB1andB2RedfieldsIndEstChurchCrookham. 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 Clare & Co, Farnborough. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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