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Rare Freehold Opportunity For Sale, Units 5 & 6 Trident Business Park, Shore Road, Hythe, SO45 6GJ

1,946 to 5,344 Sq Ft / Other

For Sale - £850,000.00

Available - Last updated: 20 June 2019

The properties comprise a pair of modern semi detached business units.

Unit 5 (1,946 sqft) is an MOT garage with small mezzanine office. The roller shutter door is 3.0m wide x 4.0m high. Min eaves 4.44m (to underside of haunch). It is currently leased to Badminstons MOT & Service Centre for 5 years until 2023 at a rent of £16,000 per annum exclusive.Unit 6 (3,398 sqft) has ground & first floor offices, kitchen and WC's.

The workshop has an electric roller shutter loading door (3.1m wide x 4.0m high), mezzanine floor, roof lights, strip lighting and gas central heating. Min eaves 4.44m (to underside of haunch). The offices benefit from fitted carpets, gas central heating, separate kitchen, data cabling, VOIP telephone system and CCTV. Windows are double glazed. There is space for 10 car parking spaces in front of Unit 6 without restricting the vehicle access door. It is currently leased to New Forest Rustic Furniture on a 5 yr lease from Aug 2018 (with a 3 yr break) at a rent of £27,500 per annum exclusive.

( Agency Pilot Software Ref: 347 )

Location

The property is located in Shore Road, on the south side of Hythe town centre opposite Hythe Marine Park. Southampton city centre is 10 miles approx by road. The Hythe ferry runs frequent passenger services from Hythe pier to Town Quay, Southampton and takes 10 minutes approx.

Accommodation

Unit 5 1,946 sq ft (180.78 sq m )

Unit 6 3,398 sq ft (315.67 sq m )

Total 1,946 ‐ 5,344 sq ft  ( 180.78 ‐ 496.46 sq m )

Terms

The premises are available for sale subject to the existing tenancies.   Offers will be considered for individual units.

PRICE £850,000 for the Freehold

RATES We have obtained information from the Valuation Office website and we understand that the Rateable Value of Unit 5 is £11,250 and Unit 6 is £21,250. We recommend that prospective purchasers verify this with the Valuation Office.

EPC An EPC for Unit 5 will be available in due course. The EPC rating for Unit 6 is C64. A copy of the EPC is available on request.

LEGAL COSTS Parties to pay their own legal costs.

VAT We are advised that VAT will be payable.

Specification

  • Rare freehold opportunity
  • Available as a whole or in part

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £850,000.00 NA

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Lauren Udall

Keygrove Chartered Surveyors

023 8181 0920



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