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Open Storage, Riverside Yard, Romsey Road, Ower, Romsey, SO51 6AF

£1,400,000

£14.71 per sq ft

Business rates & charges may apply

Vail Williams, Bournemouth
SIZE AVAILABLE

95,179 sq ft

8,842 sq m

SECTOR

Storage facility for sale

Key features

  • Total Site Area - 2.185 acre
  • Net Useable Site Area - c.1.245 acre
  • Freehold
  • B8 Planning Consent
  • Currently only approximately 25% let.
  • Only 1 mile distant from M27

Description

Description
The site is accessed via a private concrete lane (which forms part of the title) and comprises a total site area of 2.185 acres with a net useable area of c.1.245 acres.

There are a mix of surfaces including concrete, hardcore and a small area of unmade surface. Water and electricty available on site. There is also an old barn which is in derelict condition.

Location
The site is located to the rear of Golden Larch fencing. It is positioned in Ower on the edge of the New Forest, with direct access to the A36 and only 1 mile to Junction 2 of the M27. Southampton is approximately 8 miles distance, providing excellent transport links, amenities and access to the wider motorway network, making this a well-connected location.

Viewings
By appointment only via the agents.

VAT
We have been advised by the vendor that the property is not elected for VAT.

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

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

Tenure
Freehold - Title numbers HP250983 and HP242362.

Tenancies
There are a number of tenants which are detailed on the last page of the brochure.

The total income is currently £40,520 per annum and we believe the ERV once fully let is c.£160,000 per annum exclusive.

Brochures

Open Storage, Riverside Yard, Romsey Road, Ower, Romsey, SO51 6AF

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Totton Station3.4 miles
  • Redbridge (Southampton) Station3.7 miles
  • Romsey Station3.6 miles

About Vail Williams, Bournemouth

Everdene House Deansleigh Road Bournemouth BH7 7DU

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.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 376477-1. 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 Vail Williams, Bournemouth. 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.