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Warehouse to rent

Segensworth, Portsmouth

Let Agreed £13,250 pa

Property Description

Letting information:

Furnishing: Unfurnished

Key features

  • Modern detached business unit
  • Convenient access to M27

Full description

Modern detached business unit on popular Estate 1,647 sq ft (153.0 sq m)
Convenient access to M27 (junction 9)
Four parking spaces plus loading area
New lease

Kingdom Close is situated just off Brunel Way with convenient access to the A27 just south of Junction 9 of M27 at Segensworth. Segensworth is situated approximately midway between Southampton and Portsmouth.

The premises comprise a modern, detached business unit with part brick and part profile metal sheet elevations under a pitched metal sheet roof. Approximately 50% of the Unit is currently partitioned to provide good quality office space together with kitchen and WC facilities. The remainder provides full height warehousing/workshop accommodation with loading via a sectional up-and-over loading door (3.6 (w) x 3.0 m (h)). There are four allocated parking spaces to the front of the property.

Approximate Gross Internal Areas

Warehouse/Workshop 75.0 sq m (807 sq ft)
Offices, kitchen and WC's 78.0 sq m (840 sq ft)

Note: There is scope to reinstate the partitioned office space as warehousing if required.

The premises are available on a new full repairing and insuring lease on terms to be agreed.

13,250 per annum. We are advised that VAT is not applicable.
Rent is exclusive of buildings insurance, Estate service charge and all other outgoings.

Service Charge:
The management company for Kingdom Park levies a service charge to cover the maintenance of the common areas of the Estate. The contribution payable by Unit 12 for the year 2016/17 is 425.87.

Rateable Value 11,750

The standard multiplier for the year 2016/17 is 49.7 p in the . The Small Business Rate multiplier for 2016/17 is 48.4 p in the . Eligible rate payers on properties with a rateable value of less than 12,000 will also receive a percentage reduction in their rates bill. Where the rateable value does not exceed 6,000 a 100% reduction will apply in the current tax year. This threshold will increase to 12,000 from April 2017.

We understand that mains electricity, water and drainage are connected to the property.

Woolley and Wallis Commercial have not tested the services mentioned in these particulars.

Planning and VAT:
Prospective tenants must satisfy themselves as to the permitted planning uses for the property and also whether VAT is applicable to this transaction.

Legal Costs:
Both parties reasonable legal costs are to be borne by the ingoing tenant.

Code of Practice:
You should be aware that the Code of Practice on commercial leases in England and Wales recommends that you seek professional advice from a qualified Surveyor, Solicitor or Licensed Conveyancer before agreeing or signing a business tenancy agreement. The code is available from professional institutions and trade associations or through the website

Financial and accountancy references may be sought from any prospective tenant prior to agreement.

Energy Performance Certificate:
An up to date certificate can be provided upon request.


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