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Unit 800, Wellworthy Road, Ampress Park, Lymington, SO41 8JY

10,471 Sq Ft / Other / Investment

Withdrawn - Last updated: 14 March 2023

Summary

Constructed in 2006, the unit comprises a standalone steel portal frame warehouse clad in a combination of profiled insulated metal sheet and full height glazed elevations under a pitched insulated profile metal sheet roof with intermittent daylight panels.

Loading access to warehouse space is via a 4m wide x 5m high electric up and over door, whilst pedestrian access is either via bi-folding doors to the showroom area or a separate personal entrance leading to a ground floor lobby with access to the 1st floor staircase or passenger lift.

The office accommodation at 1st floor is a mixture of cellular and open plan space. It has been fitted out with suspended ceilings throughout, LED flat panel lighting, air conditioning, perimeter trunking and carpeting. The ground floor area is split between a hair product training salon, ancillary core and warehouse space. The training salon fronts Wellworthy Road and is fitted out with a tiled floor, part suspended ceiling part plaster board with recessed and raised spot lighting and air conditioning.

The warehouse area is currently used for warehousing. The space is lit with high bay sodium lights and heated and cooled via a vinyl air dispersion system. The warehouse floor has a painted epoxy finish.

Specification

Warehouse

• Eaves height 6.66m
• Haunch height 6.06
• Ridge height 7.31m
• Electric up and over loading door 4m wide by 5m high
• Mains water, gas and electric
• 300Kva 3 phase electricity supply
• Sodium lights
• Hot and cold air ventilation

Office and ancillary areas

• Suspended ceilings
• LED lighting
• Air conditioning
• Carpets
• Perimeter trunking
• Passenger lift
• Kitchenette
• Ground and 1st male/female/disabled WCs
• High specification showroom

Tenancy
Let to L’Anza Europe Ltd (Guranteed by Laboratoire Biosthetique UK Limited) for a term of 10 years from 1st May 2017 until 30th April 2027 at an initial rent of £85,000. The 1st May 2022 rent review has been triggered.

The Tenant and Guarantor
The tenant L’Anza Europe Limited were incorporated 18th June 1991 and develop and sell a wide range of healing and nourishing hair products to salons. They have a fully fitted training salon within Unit 800 Ampress Park to showcase their products.

The guarantor Laboratoire Biosthetique UK Limited were incorporated on the 22nd January 2006. The company has its headquarters in Paris, France and manufactures In Germany.


Key Points

  • Modern unit
  • Let to L’Anza Europe Limited
  • Passing rent £85,000
  • Rent considered reversionary
  • Offers invited in excess of £1,880,000
  • Location

    The unit is located on Wellworthy Road which forms part of Ampress Park and is situated just to the north of Lymington town centre on the southern edge of the New Forest, directly south of Lyndhurst. Junction 1 of the M27 motorway at Cadnam is approximately 11 miles to the north. The estate sits just outside the boundaries of the New Forest National Park, although the Lymington River which forms the eastern boundary of the estate is a designated SSSI.


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