FREEHOLD INVESTMENT FOR SALE
Modern offices - 10 year lease to wholly owned subsidiary of BAE Systems.
Location
Edge of town business park location.
Close proximity to mainline railway station (London Waterloo 1 hour).
Easy access to main A31,
Accommodation
Unit 7 - 6,000 sq ft
Unit 8 - 5,250 sq ft
Total - 11,250 sq ft
Note: The units are interconnected and occupied as one by the tenant under the terms of a single lease.
Terms
FREEHOLD with price guide on application
Lease - The accommodation is let to Messrs In-Space Missions Ltd on a 10 year lease from September 2021 at a rent of £151,875 per annum exclusive, subject to 5 yearly rent review. There is a one-off tenant option to break at the end of the 5th year of the term.
Tenant - As announced on the 14th September 2021, In-Space Missions Ltd was acquired by BAE Systems and therefore trades as a wholly owned subsidiary.
Rates - Interested parties are advised to contact the Rating Authority, East Hampshire District Council.
Specification
- Fully Let to In-Space Missions Ltd (a wholly owned subsidiary of BAE Systems)
- 10 year lease from September 2021
- Rent £151,875 per annum exclusive (£13.50 sq ft)