Vail Williams, Portsmouth

Unit 111 Proxima Park, Houghton Avenue, Waterlooville, PO7 3DU

POA

Size

6,674

Lease length

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EPC

Parking

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Price per
POA
Primary use
Warehouse
Other use(s)
Distribution warehouse, Light industrial

No floor / site plan

Key features

  • 37.5 kN/sq m floor loading
  • 1 x level access loading door
  • Fully fitted offices with carpet & lighting
  • Min eaves 8m
  • Max height 9.85m
  • 9 Parking spaces

Description

Description
An end of terrace industrial/warehouse unit of steel portal frame construction with insulated cladding to the roof and elevations. Externally the unit benefits from 9 parking spaces and a loading apron on a secure gated site. Internally the unit benefits from fully fitted ground and first floor offices benefitting from carpet, LED lighting, heating and cooling, kitchenette and WC facilities.
The warehouse area is open plan and can be accessed via an electric up and over loading door. The property has a gas supply and 3 phase electric.

Location
Proxima Park is located in Waterlooville, just 2 miles from the A3(M) Junction 3, offering superb access to the main route from London to Portsmouth. With a large, skilled workforce in close proximity, the M25 only 45 miles to the north and the international port of Portsmouth only 4 miles to the south, Proxima Park offers not only fast freight movements into the national road network but also Waterlooville’s abundance of Town Centre amenities on its doorstep. Havant station is two miles to the south with direct routes to London in 1 hour 20 mins as well as Portsmouth (12 mins), Southampton (43 mins) and Brighton (58 mins).

Viewings
Strictly by appointment through the sole agent.

Terms
The property is available by way of an assignment or sublease of the existing lease expiring 5th December 2034 inclusive of a break option and rent review on 5th December 2029. The current passing rent is £90,100 pax. Alternatively a new lease direct with the landlord is available on terms to be agreed.

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.

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.
Vail Williams, Portsmouth

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Additional information
Clear height
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Yard depth
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Let type
Long
Let contract length
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Status
Available
Date available
20 February 2024
Service charge
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Business rates
£29,760
Use class
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Floors in building
1
Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Unit 111 Proxima Park, Houghton Avenue, Waterlooville, PO7 3DU

NEAREST STATIONS

National Rail

Bedhampton Station

3.12 miles

National Rail

Cosham Station

3.15 miles

National Rail

Havant Station

3.59 miles

About Vail Williams, Portsmouth

Vail Williams, Portsmouth

Clients value the way we work.

Whilst our expertise lies in commercial property advice, we are extremely commercially-minded, always absorbing ourselves in your world and seeing the issues from the perspective of your business. We recognise that to you the commercial outcomes are paramount. We focus on this, actively looking for commercially advantageous opportunities to deliver the maximum value in our service.

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Disclaimer - Property reference 383586-2. 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 Vail Williams, Portsmouth. 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.