Test Lane, Southampton, Hampshire, SO16

*Rent-free incentive by negotiation* Excellent value for money commercial unit suitable as storage facility, workshop or studio with showroom. Situated close to the M271/M27.


The two-storey building, which offers significant historical charm, comprises a substantial Grade II Listed, semi-detached warehouse/storage unit originally dating from the early 18th century with brick elevations, exposed internal timber structure and a pitched and tiled roof. The building benefits from a capped gas supply, single-phase electricity, water and mains drainage and recent works include roof repairs, a new cloakroom/WC, treatment of timbers and walls, renewed electrics.

It would likely suit a business looking for a convenient and highly affordable storage unit, workshop or studio with showroom. The upper floor, in particular, is a highly atmospheric space that may appeal to a variety of different users.

SITUATION
The property is found at the southern end of Test Lane which links Nursling to Redbridge to the west of Southampton and runs parallel to the Southampton-Romsey railway line and tributaries of the River Test. It is almost directly below the Redbridge Flyover and conveniently situated just half a mile from the M271 and 2.5 miles from the M27 motorway, providing good access to the wider south coast road network and around 1 mile from Southampton Docks.

ACCOMMODATION
A measured survey identified an approximate Gross Internal Area (GIA) of 3,212 Sq. Ft. / 298 Sq. M over two storeys, linked internally by a metal spiral staircase.

TENURE
The unit is available to lease on terms to be agreed, at an initial quoting rent of £19,272 pa, exclusive of any business rates, service charge, VAT and buildings insurance premium, as applicable. This represent a low rent per square foot of just £6 exclusive.

EPC RATING
E (118) valid until 1st December 2033.

RATEABLE VALUE
According to the Valuation Office Agency (VOA) the rateable value of the unit, effective from 1st April 2023, is £13,500 suggesting rates payable of circa £4,000 pa. For more information on business rates please contact the Local Authority.

LEGAL COSTS & VAT
Each party is to bear their own legal costs in this transaction. It is to be confirmed if the property is VAT elected.

VIEWINGS
For all enquiries please contact the sole agent Trinity Rose Commercial on or email .