Bighton Road, Old Alresford, Hampshire, SO24

Modern industrial unit / workshop with chalet-style offices and parking, near Alresford in Hampshire - available to lease.

We are pleased to bring to the market an interesting opportunity to lease a modern and recently-renovated industrial unit along with a separate building providing offices and / or further workshop space plus dedicated parking. Unit 1 is a chalet-style wood-clad single-storey building with a pitched roof, comprising two modern office suites staff room/kitchenette and 2 x WCs. It is a light and modern space which could be adapted for a variety of purposes. Unit 2 is a very well-presented industrial unit of brick and part steel profile clad elevations, under a double-pitch roof, which was most recently used for the production of wooden furniture. The unit provides well-lit, contemporary industrial space which could suit a wide range of business uses.

SITUATION
The Nythe Industrial Estate is situated in a rural location with good access to transport networks and local amenities, as the Georgian market town of Alresford sits less than 1 mile to the south. The A31 is within 2 miles, which links to J9 & 10 of the M3 at Winchester making the site well positioned to reach the surrounding regional markets. The M3 is approximately 6.5 miles distant, Winchester 8 miles, Basingstoke 13 miles and Southampton Airport 19 miles. To the east of Alresford, the market town of Alton is located 10 miles away along the A31 leading on towards Farnham and Guildford.

ACCOMMODATION
A measured survey has been undertaken which identified the following areas:

Unit 1: offices / workshop of 97 sq m / 1,044 sq ft
Unit 2: industrial unit of 354 sq m / 3,814 sq ft

Total: 451 sq m / 4,858 sq ft

TENURE
Available to let on a brand-new FRI lease on terms to be agreed, at a quoting rent of £10.29 psf exclusive (£50,000 pax) exclusive of any occupational costs and VAT.

EPC RATING
The current energy performance rating of Unit 1 is C (62) and Unit 2 is B (50).

RATEABLE VALUE
Online enquiry via the Valuation Office Agency indicates a rateable value of £20,000 effective from 1st April 2023, suggesting business rates liability of approximately £10,000 pa. Government support for eligible retail, hospitality, and leisure businesses (RHL) is presently available until April 2026, which reduces the business rates liability. Interested parties are advised to confirmed this information with the relevant Local Authority.

LEGAL COSTS & VAT
Each party is expected to bear their own legal costs in this transaction.

We understand that the rent will be subject to VAT provisions.

VIEWINGS
Viewings strictly by appointment with the sole agents Trinity Rose Commercial.