The property comprises a warehouse with a substantial yard area. The primary entrance to the property for the public is via a trade counter to the front, directly from Belgrave Road. The main warehouse is constructed around a concrete frame having internal blockwork walls and lined plasticised metal cladding panels forming the elevation and roof covering. There are brick elevations to the front of the unit and to the bottom courses externally. There are two metal roller shutter doors either side of the rear warehouse area with the following dimensions:-
Left-hand side 3.7m (w) x 3.59m (h)
Right-hand side 3m (w) x 3.69m (h)
Internally, the unit is subdivided into the front trade counter and rear warehouse area. There is a mezzanine above the main trade counter area. The height to eaves is 4.27m and to the apex is 7.05m. Outside the property but within the demise there is a section of concreted yard area.
Note: The current tenant has incorporated some yard area not in the current ownership.
Location
The property is located in the Portswood area of Southampton which is a suburb lying to the north east of Southampton City Centre close to Junction 5 of the M27 motorway. The property is part of the Belgrave Road Industrial Estate which lies adjacent and to the east of Thomas Lewis Way (the Portswood Link Road), providing good road communications linking up to the motorway network.
Southampton City Centre is approximately 3 miles away and Southampton Airport lies approximately 2 miles to the east of the property.
Accommodation
Ground Floor Warehouse - 6,354 sq ft
Mezzanine - 513 sq ft
Lean to - 837 sq ft
Total - 7,704 sq ft
Yard & Forecourt approx: 0.5 acres
Terms
The premises are available to let on a new FRI lease for a term to be agreed, with periodic rent reviews at a rental of £XXX per annum exclusive of rates, service charge and VAT.
Rateable Value - According to the Valuation Office Agency website, the premises are assessed for rating purposes as follows:
Rateable Value: £XXX
Rates payable at XXX in the £XXX (year commencing 1st April 2019)
Transitional arrangements may apply.
For verification purposes and phasing/transitional relief (if appropriate) interested parties are advised to make their own enquiries on www.voa.gov.uk
EPC Rating - E (107)
Legal Costs - Each party to be responsible for their own legal costs incurred in the transaction.
VAT - Unless otherwise stated terms are strictly exclusive of Value Added Tax and interested parties must satisfy themselves as to the incidence of this tax in the subject case.
Specification
- NEW LEASE AVAILABLE
- PROMINENT TRADE COUNTER FRONTAGE TO MAIN ESTATE ROAD
- YARD AREA
- AVAILABLE EARLY 2020
- FORECOURT PARKING FOR 7-8 CARS