Unit 12 Fernacre Business Park, Budds Lane, Romsey, SO51 0HA

Description



The unit is situated in the Fernacre Business Park within the popular Budds Lane Trading Estate on the northern outskirts of Romsey town centre. Junctions 2 and 3 of the M27 motorway are within approximately 4 miles and the cities of Southampton. Winchester and Salisbury are also close by.

The premises comprise a modern end of terrace industrial/warehouse unit of steel portal frame construction with part brick/block profile clad elevations. The property also has quality office accommodation with suspended ceiling. The unit also benefits from 3 phase electricity, an electric roller shutter loading door and WC facilities. The premises also has a mezzanine that can be kept or left by way of contribution.



Accommodation



Floor Areas:
Ground Floor
Warehouse/Office 2,170 sq.ft (201.6 sq.m)
First Floor
Offices 521 sq.ft (48.00 sq.m)
WC
Total Internal Area 2,691 sq.ft (249.60 sq.m)



Planning



Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, cafe', health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.



EPC Text



Asset Rating - C(54)



Terms



Available by way of an assignment of an existing lease granted for a term of 10 years, expiring an 13th June 2025 with a passing rent of £19,500 per annum exclusive of rates VAT (if applicable) and all other outgoings. There are approximately 3 years remaining on the lease.
Note: There is to be a service charge levied to cover communal costs
Note: It is understood VAT is payable on rents.



Rating



Rateable Value £19,000
Source - voa.gov.uk
The 2016/2017 standard multiplier is 0.497 (XXX payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation.
( Agency Pilot Software ref: 653 )