Units 16 & 17 East Horton Business Park, Knowle Lane, Fair Oak, Eastleigh, SO50 7DZ

Summary

We are instructed to market the properties with guide prices subject to contract, for the Freehold interests subject to the subsisting tenancies. :-

Unit 16 - £419,000
Unit 17 - £487,300

This reflects a highly attractive Gross Initial Yield of 6.25% on the contracted income.

The freehold title extends to the boundaries of the buildings with rights to park (unit 16 - 3, spaces, Unit 17 - 3 spaces). The site has communal overflow parking available by way of separate Licence agreement.

The scheme comprises 15 industrial units across 5 blocks. Construction completed in July 2024.

The units are of steel portal frame construction, with insulated power floated concrete floors, low level brick fascias and high quality 100mm insulated cladding to walls and 120mm cladding to the roofs, with PV panels fitted.

The units have the benefit of storage mezzanines (5.0 kN/m2) load capacity with front to back orientation.

Key Points

Location