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Unit 1 Test Valley Business Park, Test Lane, Southampton, SO16 9JW

2,098 Sq Ft / Industrial / General Industrial

For Sale - £300,000.00

To Let - £21,000.00 per annum

Available - Last updated: 20 September 2024

Description



The premises are convenietly located in Test Lane, within close proximity of the M271/M27 motorways. The property is located within the area of Nursling which is a well-established warehouse and industrial location on the western side of Southampton. Also having Southampton railway station nearby means having a fast link to London Waterloo.

The property is an end of terrace, light industrial/business unit, accessed via a roller shutter door, benefitting from allocated parking and outside workspace. Internally, the property comprises well-presented office space, along with full height workshop space. A mezzanine has been erected within the property, providing additional storage above the office sections of the unit. A Kitchenette and WC's are of a good standard and compliment the office environment on the ground floor.



Accommodation



Total Internal Area - 1,258sq.ft (116.86 sq.m)
Mezzanine - 840sq.ft (78.01sq.m)



Rating



Rateable Value£17,750
Source - voa.gov.uk
The 2024/2025 small multiplier is 0.499 (49.9p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation.



Terms



Available by way of a new full repairing and insuring lease for a term to be agreed at £21,000 per annum exclusive of rates VAT (if applicable) and all other outgoings.

Alternatively available by way of a freehold sale at a guide price of £300,000 subject to contract.

Note: There is to be a service charge levied to cover communal costs
Note: It is understood VAT is payable on rents.



Viewing / Further Information



Contact Dominic Arkell 023 8022 2292 darkell@primmeroldsbas.co.uk



Planning



Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, caf�, health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.



EPC Text



D(95)
( Agency Pilot Software ref: 1798 )

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £300,000.00 NA
  To Let £21,000.00 per annum

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Dominic Arkell

Primmer Olds B.A.S

02381 81 0833

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