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Open Storage, Riverside Yard, Romsey Road, Ower, Romsey, Hampshire, SO51

£1,400,000

£14.74 per sq ft

Business rates & charges may apply

Keygrove Chartered Surveyors, Southampton
SIZE AVAILABLE

94,961 sq ft

8,822 sq m

SECTOR

Land for sale

Photo 20
1

Key features

  • Approx. 25% let with £40,250 current income
  • Total site area of circa 2.185 acres
  • Net usable area of circa 1.245 acres
  • B8 Planning Consent
  • Approx. 1 mile from Junction 2 of the M27

Description

Riverside Yard comprises a substantial yard/open storage site extending to approximately 2.185 acres in total, with the net usable area extending to circa 1.245 acres. The total site area is hatched red on the plan, with the net usable area hatched blue.

The site is accessed via a concrete lane, which forms part of the title, and is mainly hardstanding with a small area of unsurfaced ground. Water and electricity are available on site. There is also an old farm building, although this is in derelict condition.

Approximately 25% of the site is currently let, producing an income of £40,250 per annum. The property therefore provides an exciting opportunity for an owner occupier to acquire a sizeable yard/site for their own use, whilst also benefiting from an existing income stream from occupiers on site.

The property also offers an excellent opportunity for investors to increase the overall income by letting the vacant areas of the site to new occupiers.

The current tenancy layout plan and tenancy schedule are included at the end of this brochure.

Brochures

Open Storage, Riverside Yard, Romsey Road, Ower, Romsey, Hampshire, SO51

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Totton Station3.3 miles
  • Redbridge (Southampton) Station3.7 miles
  • Romsey Station3.6 miles

About Keygrove Chartered Surveyors, Southampton

Harbour Lights Maritime Walk, Ocean Village, Southampton, SO14 3TL

Keygrove is a well established and entirely independent firm of Chartered Surveyors specialising in commercial property, operating from a landmark building in Ocean Village, Southampton.

We offer Director level service with an emphasis on accountability. Our independent status allows us to tailor our services to our clients' needs whether starting from a 'blank sheet' or applying our skills and knowledge to an existing project.

We provide our services (see 'what we do' above) to landlords, tenants, investors, owner occupiers and property professionals across the commercial property sector; including offices, industrial, warehouse, retail, motor trade and development land. We do business locally, regionally and nationally with all sizes of organisation.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 1116FH. 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 Keygrove Chartered Surveyors, Southampton. 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.

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