Unit 1 Waterloo Industrial Estate, Hedge End, SO30 2QT

Description
The newly fully refurbished property comprises and end of terrace industrial / warehouse unit of steel portal frame construction with part brick, part profile metal sheet elevations. The roof has recently been replaced. There is direct access to the warehouse via a loading door or a separate pedestrian door to the front elevation. In addition, there is a pedestrian door providing access to the two-storey office located at the front of the property. This includes a waiting area, meeting room, male and female WCs plus open plan office areas on the first floor. The offices have a new air source heat pump for heating/cooling and LED lighting.

The Warehouse benefits from 5.78m eaves height and additional W/Cs off the warehouse floor. There is new roller electric shutter loading door and new epoxy floor coating.

The front area benefits from 21 car parking spaces. There is the potential to create a secure fenced yard.

Location
The property is located on the Waterloo Industrial Estate, which is well situated on Flanders Road, off Botley Road and Charles Watts Way (A334) close to junction 7 of the M27 between Southampton and Portsmouth. Hedge End is a well-established retail, industrial and trade counter location.

The estate is currently occupied by Shurgard, NATS, Howdens Joinery, N&C, and Stearn Electric Co. Ltd.

Other nearby occupiers include Sainsbury’s, Marks & Spencer, B&Q, Halfords, Screwfix and Tileflair.

Terms
The property is available on a new Fully Repairing and Insuring lease on terms to be agreed at a rent of £202,750 pax (£13.50 psf).

Specifications
➢ Eaves height 5.78m, 4.85m to haunch
➢ New Electric roller shutter loading door
➢ High bay LED strip lighting to industrial/warehouse area
➢ 10% Rooflights
➢ Ground and first floor offices with new suspended ceiling and LED lighting
➢ Male & Female WCs
➢ 21 allocated car parking spaces
➢ Targeting EPC B

VAT
Unless otherwise stated terms are strictly exclusive of Value Added Tax and interested parties must satisfy themselves as to the incidence of this tax in the subject case.

Legal Costs
Each party to be responsible for their own legal costs incurred in this transaction.

AML
In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the purchaser or tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.