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Light Industrial for sale

Unit 1-2, Milford Trading Estate, Blakey Road, Salisbury

Sold STC £1,250,000
62,453 sq. ft.

Property Description

Commercial information

  • 62,453 sq ft (5,802 sq m)

Full description

Tenure: Freehold

The property is located on the eastern outskirts of the Cathedral City of Salisbury. The city is a busy regional centre with a catchment population of approximately 115,000. Access to London (90 miles) is via the A30/A303/M3, to Bristol (54 miles) is via the A36 and to Southampton (24 miles) is via the A36 and M27. Salisbury has a mainline railway station with frequent connections to London Waterloo (1 hour 30 minutes), Exeter, Bristol and Southampton. The closest regional airports are at Bournemouth, Southampton and Bristol.

The property is situated in Blakey Road close to the A36 Southampton Road and also close to Salisbury City Centre. This area has mixed commercial, residential, leisure and educational uses including Salisbury College, Tesco, Homebase, B & Q, Mercedes Benz, Matalan, Topps Tiles and Majestic Wines. The property is adjacent to Barnack Business Centre and a children’s soft play centre, ten pin bowling and Laser Quest.

This two storey property comprises two interconnecting industrial units, joined with a linkway at ground and mezzanine floor levels. However, it would be possible to divide the buildings into two individual industrial units and the mezzanines could be removed. The buildings are of steel portal frame construction with brick/block walls and profiled metal roof. The buildings have an eaves height of approximately 5.2 metres (excluding mezzanines). Unit 1 is equipped with two steel roller shutter loading doors to the front and a goods lift. Parking is available at the front for up to 60 cars. Alternatively this large area of open space could be used for external open storage and loading/unloading.
Unit 1: Ground floor: 1,810.53 sq m (19,489 sq ft)
First floor: 1,687.90 sq m (18,169 sq ft)
Unit 2: Ground floor: 1,131.70 sq m (12,182 sq ft)
First floor: 1,126.13 sq m (12,122 sq ft)

The site is shown outlined red on the attached plan and extends to approximately 0.716 hectares (1.769 acres).

There is separate water, electricity and gas for each unit. There is an air heating system installed and a generator in each unit.

Energy Performance Certificate
The property has an Energy Performance rating of F.

Business Rates
The property was assessed for Business Rates at £104,000 rateable value. The Uniform Business Rate (UBR) for the year 2016/2017 is 49.7 pence in the pound (£).

We understand the property has established B8 use. However, in view of this being an area of mixed uses (commercial, educational and leisure) there may be potential for change of use subject to planning. All interested parties are advised to satisfy themselves as to the suitability of their proposed use. All enquiries should be directed to Wiltshire Council’s Planning Services South Team, tel 01722 434541.

The freehold units are available as a whole or in two parts. Offers are invited in the region of £1,250,000 for the whole. The sale of this property is subject to VAT.

Legal Costs
Each party to bear their own legal costs.

Viewing and Further Information
Strictly by prior appointment with the sole agents, Humberts.
Tel: 01722 342391

More information from this agent

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