7 Newmans Copse Road, Hounsdown Business Park, Totton, Southampton, SO40 9LX

Description
The subject property consists of a self-contained detached industrial/warehouse unit of steel portal fame construction surmounted by a pitched profile metal clad roof with brick elevations to a low level and profile steel cladding continuing to the eaves. The front elevation features an electric up & over loading door 4.35 metres high by 3.2m wide.

Externally to the front elevation is secure parking and a separate yard area, which is floodlit and accessed by large palisade gates. To the rear of the property is another large secure yard accessed directly from Newmans Copse Road, with two palisade gates.

Location
7 Newmans Copse Road is in Totton, on the western side of Southampton, right on the edge of the New Forest area. It’s considered a well-connected suburban location: quieter than central Southampton, but with excellent access to major roads, rail links and the south coast.

The property is particularly good for road travel because it gives easy access to the M27 and other major routes including the M3.

Terms
The long leasehold interest is available to purchase at an asking price of £2,600,000. The property is held on a long lease for a term of 250 years from 01.01.2001.

The property is also available to let on a new FRI lease with terms to be negotiated.

Specifications
• Heating & air conditioning to offices
• LED lighting to warehouse and offices
• Kitchen facilities
• WCs
• Minimum eaves: 6.5m
• Maximum height to roof ridge: 8.7m
• 3 phase electric supply

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

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 tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.