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Mill House Centre, Mill Road, Totton, Southampton, Hampshire, SO40 3AE

£2,500,000

£88.82 per sq ft

Business rates & charges may apply

Primmer Olds B.A.S., Southampton
SIZE AVAILABLE

28,148 sq ft

2,615 sq m

SECTOR

Light industrial facility for sale

Key features

  • Current rental income £239,925
  • Potential income with full occupation £259,675.20
  • Located on a main road frontage
  • Large amount of car parking
  • Potential for alternate uses

Description

Description

Primmer Olds B.A.S are pleased to bring to the market this mixed commercial investment on the outskirts of Southampton extending to 0.82acres. The site known as 'The Mill House Centre' forms four buildings and ample external parking.

The main building is a former flour mill that dates back to 1885 and retains the original character and has been sympathetically converted to serviced office suites, units two and three are attached to the main building with unit one being a separate detached building.

The property is located in Totton, just off the Totton by-pass, providing easy access to the M271 and M27. Nearby occupiers include Argos, Lidl, & Newmans Suzuki.

The Mill House Centre is conveniently located facing Commercial Road providing easy walking distance to the retail shops at Totton Shopping Centre and Totton train station.


Accommodation

Office Suites range from circa 100 sq.ft - 1,100 sq.ft
Warehouse - 5,550 sq.ft & Mezzanine - 3,000 sq.ft
Warehouse - 5,937 sq.ft & Mezzanine - 277 sq.ft
Warehouse - 2,674 sq.ft

Terms

Offers considered in the region of £2,500,000 subject to contract for the freehold interest with the benefit of the on going tenancies.

We understand that VAT is applicable, however all parties are advised to make their own enquiries into the matter. It is assumed the sale will proceed as a Transfer of a Going Concern (TOGC).

Planning

All the buildings on the site fall under use class E in addition there is current planning in place for the conversion of the Mill House into 15 residential flats and can be found on New Forest District Council planning portal under reference (REF - 21/10773).

EPC Text

Asset Rating Millhouse Centre - C(53)
Unit 1 - C (58)
Unit 2 - E (109)
Unit 3 - C (61)

Anti Money Laundering

Please note all prospective purchasers will need to be verified for 'Anti Money Laundering' purposes prior to issuing memorandum of agreed terms of sale.

Lease Terms

Tenancy Schedule Available upon request

Brochures

Mill House Centre, Mill Road, Totton, Southampton, Hampshire, SO40 3AE

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Totton Station0.1 miles
  • Redbridge (Southampton) Station0.7 miles
  • Millbrook Station2.2 miles

About Primmer Olds B.A.S., Southampton

Mountbatten House, 1 Grosvenor Square, Southampton, SO15 2JU

Primmer Olds B.A.S., Southampton

Whether you are looking to rent or purchase... concentrate on your business and we will concentrate on your business space!

Whether its retail, medical, industrial, office or something a bit different we have helped numerous business occupiers make the right move.

With an integrated approach, our team of professionals can help with all aspects of the move and advise on the ongoing costs, maintenance and management of your space.

Whether you are looking to rent or purchase...

More properties from Primmer Olds B.A.S., Southampton

Notes

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Disclaimer - Property reference 10324FH. 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 Primmer Olds B.A.S., Southampton. 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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