Industrial /Warehouse Unit
Size 270 sq m (2,906 sq ft)
Key Features
• Situated in established industrial location
• Located a short distance from M27/A27
• Open plan unit • Loading door 2.74m (w) x 2.75m (h)
• Internal height 3.00m • Kitchen and WC facilities
• On site parking • New FRI lease available
• Rent £16,000 pax
• Covered loading area
Location
Portsmouth is located approximately 19 miles south east of Southampton and 70 miles south west of London. The city benefits from excellent road communications being situated at the M27/A27 junction, which links to M3 and A3(M) and provides access to London and the wider national motorway network. The property is situated in established industrial location on Claybank Road, which is a short distance from Eastern Road. It also benefits from being within a short walk from Burrfields Retail Park and Hilsea Train Station.
Accommodation
We have measured and calculate the accommodation to have an approximate Gross Internal Area (GIA) of 270 sq m (2,906 sq ft).
Terms
The property is available to let by way of a new (effectively) full repairing and insuring lease for a term to be agreed at a commencing rent of £16,000 per annum exclusive. A service charge and insurance are payable, which includes water and sewage.
Specification
Description
Industrial/Warehouse
Size 270 sq m (2,906 sq ft)
Planning
We understand that the premises benefit from Class A1/ A2/ A3/ A4/ A5 / B1(a) Office / B1(c) Light Industrial / B8 Storage and Distribution use within the Use Classes Order 1987 (as amended).
VAT
Rents and prices are quoted exclusive of, but may be subject to VAT.
Accommodation
We have measured and calculate the accommodation to have the following approximate Gross Internal Area (GIA):
Business Rates / Council Tax Band
Rateable Value (2017): £10,000.
As the RV is below £12,000 we believe 100% small business rate relief is possible.
EPC
We understand the property has an EPC rating of C.
Legal Fees
Each party to bear their own legal costs incurred.