Grove Business Park, Budds Lane, Romsey, Hampshire, SO51

Five newly-created business units, from 1,898-2,430 sq ft, available to lease on Budds Lane Industrial Estate in Romsey, each one comprising an open-plan warehouse with shutter door, offices and WC.

These five industrial/business units have recently been created from a single large unit and renovated to comprise warehouse areas with a solid concrete floor under a pitched or sloped roof (eaves height 2m80 to 4m78 depending on unit), with roof lights and low bay fluorescent lighting. The warehouses can be accessed internally from each front lobby area or alternatively via the individual roller shutter door (approx. 2m95 (W) x 3m03 (H)) or personnel access door to the rear.

Off each ground floor reception/lobby area is an accessible WC and stairs to a first-floor office, all of which has electric heating and perimeter trunking. There is parking available to the front of the building in the main car park and behind each unit.

SITUATION
The units are located on Grove Business Park, an established commercial area of Romsey. Located approximately one mile north of the town centre and approximately half a mile from Romsey train station, the M27 motorway is 4 miles away and the M3 is 8 miles away, providing easy access to the South Coast motorway network, Southampton Docks and routes towards London. NB: to access the estate there is a railway bridge with a max height of 13 ft (3.9m).

ACCOMMODATION
The accommodation has been measured on a gross internal area (GIA) basis as follows (areas are quoted in square feet):

Ground Floor 1st Floor Total (GIA) Quoting Rent
Unit A 1,541 414 1,955 £21,505 +VAT
Unit B 1,450 448 1,898 £20,878 +VAT
Unit C 1,749 437 2,186 £24,046 +VAT
Unit D 1,632 306 1,938 £21,318 +VAT
Unit E 2,055 375 2,430 £26,730 +VAT

TENURE
Available to let on a brand-new full repairing and insuring (FRI) lease, exclusive of a service charge for the building maintenance and common areas, on terms to be agreed at a quoting rent of £11 per square foot.

RATEABLE VALUE
The rateable value of each unit has to be assessed by the VOA, and we hope that they will benefit from small business rates relief. More information can be obtained from the local authority (Test Valley Borough Council).

LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in this transaction. All prices quoted are subject to VAT provisions.

EPC RATING
New energy performance certificates are to be undertaken.

VIEWINGS
All enquiries and appointments to view must be made via sole agents Trinity Rose Commercial on .