Units 7 8 Riverside, Omega Park, Alton, GU34 2UF
Size
3,112
Tenure
Freehold
EPC
Parking
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- Primary use
- Warehouse
- Other use(s)
- Other, Light industrial
No floor / site plan
Key features
- Prime location in the affluent Hampshire market town of Alton
- Secure income stream let to Alliance Automotive UK Ltd - a substantial national operation with over 800 outlets
- Attractive yield of 6.7% net initial
- Excellent connectivity via A31 to M3, London Waterloo rail link
- Quality specification with mezzanine floors and trade counter facilities
Description
Riverside forms the final phase of the Omega Park development and is well located for access to both the town centre and the A31.
Companies with headquarters buildings on Omega Park include Altair and Ceratech. Other nearby major occupiers include Coors, Laleham Healthcare and Tectonics.
The A31 provides fast access to the Blackwater Valley towns and M3 via the A331. To the south west theA31 also links with Winchester and Southampton via the M3.
Alton itself lies at the centre of East Hampshire with a catchment population of over 100,000. The townhas a well established commercial centre and substantial industrial base.
Steel portal frame construction with insulated profiled metal cladding
10% roof lights providing excellent natural lighting
Up and over loading doors - 3m wide x 4m high
Generous eaves height - 6.9m to 8.5m
Mezzanine floors (landlords fixture) covering approximately 50% of ground floor area
6 allocated parking spaces plus loading area
Single lease to Alliance Automotive UK LV Ltd
Term: 10 years expiring 10th September 2028
Rent: £33,578 per annum exclusive
Terms: Full repairing and insuring lease
The property is registered for VAT
Available on a freehold basis
Alliance Automotive UK - Leading wholesaler of automotive parts and accessories with:
Substantial national presence - Over 800 distributor outlets across UK and Ireland and 20 regional distribution centres
Robust financials (YE December 2023):
Turnover: £505.2 million
Post-tax profit: £28.5 million
Net current assets: £61.1 million
To comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers where legislation requires us to do so.
Each party to be responsible for the payment of their own legal costs incurred in the sale.
- Clear height
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- Yard depth
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- Service charge
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- Business rates
- £8,483
- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirements- BREEAM rating
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- Environmental description
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Brochure
Units 7 8 Riverside, Omega Park, Alton, GU34 2UF
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Disclaimer - Property reference 318530-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Curchod & Co LLP, Farnham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.