Rare Freehold Investment Available
Summary
- 7 Allocated Parking Spaces
- Air Conditioning
- Modern Unit
- Established Position
- Excellent Transport Communications (A27)
Accommodation
The accommodation comprises of the following
| Name | sq ft | sq m | Availability |
| Ground | 1,946 | 180.79 | Available |
| 1st | 1,945 | 180.70 | Available |
| Total | 3,891 | 361.49 |
Location
Unit C5 is situated within Havant a town forming part of the south coast conurbation between Southampton and Portsmouth. Nearby occupiers include Kahrs, IVL Leasing, Compass Contract Hire and Motorent. The property benefits from excellent transport communications with the property in easy access of A27 providing access to the national motorway network. Havant train station is situated 1.7 miles away by car.
Get directions from Google Maps
Mainline Stations
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Havant14 mins
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Bedhampton15 mins
-
Warblington21 mins
-
Emsworth43 mins
Underground Station
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Reading820 mins
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Twyford849 mins
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Tadworth868 mins
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Tattenham Corner880 mins
Further Information
Price £550,000
Rates Payable Upon Enquiry
EPC Rating This property has been graded as C (75)
Description
The property has 2 floors, rented to individual tenants. Both floors consist of office with ancillary storage, toilets, a kitchenette, and partitioned meeting rooms. The ground floor has benefit of the rear loading area, in addition.
The property has 7 parking spaces on the estate, with rear loading area.
Terms
Freehold available at a price of £550,000, subject to the following leases, ground floor let to Bollscar Builders Limited who took a 5 year lease with no break or rent review from March 2023; and the first floor let to Keel Marine Limited on a 10 year lease, with a break and rent review in 2027. The equated rent comes to £37,000 per annum.
Business Rates
Ground floor - £20,000
First Floor - £16,500
Source: VOA
You are advised to make your own enquiries with the local council on these figures and possible fees.
Other Costs
Legal Costs - Each party to be responsible for their own legal costs.
VAT - The property is elected for VAT
Gallery
