Nutwood Way, Totton, Southampton, Hampshire, SO40

Freehold Industrial Unit For Sale in Totton - 20,000 sq ft detached unit on 0.97-acre site with parking, secure gated yard, electric loading doors, 9m maximum eaves height.

The main building comprises a detached industrial unit of steel frame construction with lower brick/blockwork and profiled steel sheet cladding elevations under a pitched roof, with a rear extension added in 2003. There is an older-style two storey pod in the main warehouse (c. 900 sq ft per floor) and a further pod within the rear unit (c. 500 sq ft per floor), each one providing a range of office suites and facilities.

There are three electric loading doors, and multiple personnel doors. The maximum eaves height in the main warehouse is 9m and the unit benefits from rooflights, suspended and fixed lighting and a concrete floor, along with 3-phase electricity and a gas supply.

SITUATION
Located on Westwood Business Park, a very well-established industrial estate just north of Totton Town Centre. Totton is located on the western edge of Southampton near to the eastern border of the New Forest National Park. It benefits from excellent transport links with the junction 2 of the M27 located just one mile away, providing easy access to the wider motorway network. Totton train station is located 2 miles away with Southampton airport a further 10 miles away. Nearby businesses include Millbrook Beds, Freeston, Sentry Self Storage, Far Logistics, Fuller Tyres, JCB, JSR Autoservices.

ACCOMMODATION
The property comprises the following Gross Internal Areas:

Main unit 17,255 sq ft / 1,602 sq m
Rear unit 2,928 sq ft / 272 sq m

TOTAL GIA 20,183 sq ft / 1,874 sq m

TENURE
We are instructed to seek offers in the region of £2,000,000 plus VAT for the freehold interest, subject to contract and vacant possession, equating to a low capital value of £99 per square foot.

BUSINESS RATES
Online enquiry via voa.gov.uk identified a rateable value of £177,000 effective from 1 April 2023, suggesting rates payable of £98,235.

EPC
Rated C (75) valid until 30th March 2033.

VIEWINGS
Strictly by appointment through the sole agents Trinity Rose Commercial, through whom all negotiations must be conducted.

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

All prices quoted will be subject to VAT provisions.