6-8 Testwood Lane, Totton, SO40 3AQ

Partial Retail Investment and vacant office building with parking.  The property comprises two separate parts. 6 Testwood Lane comprises self-contained offices on the ground and first floors and 8 Testwood Lane is a ground floor retail unit currently let to a Hairdressing Salon. To the rear there is a parking area for 8 tandem spaces.

Location

A two-storey building located in Totton District Centre, close to the main A36 and its junction with the A35. The building is located on the fringe of Totton Retail Centre. Local occupiers include Asda, Lloyds Pharmacy, Halifax and others.

Accommodation

Ground floor ……………….648 sq ft (60.2 sq m).
First floor………………… ..923 sq ft (85.8 sq m).
Total………………………1,571 sq ft (146 sq m)

Terms

6 Testwood Lane has the potential of a conversion to a retail unit on the ground floor and an alternative use on the first floor, subject to planning. Prospective purchasers should make their own enquiries with the Local Planning Authority.
8 Testwood Lane is currently let to Hair-by-Phil by way of a five year lease from January 2010 at a current rent of £7,000 per annum, exclusive of rates. Further details are available on request.  Offers are invited in the region of £240,000 for 6 Testwood Lane with vacant possession and subject to the current lease at 8 Testwood Lane.

Specification

• 8 Car parking spaces (in tandem)
• Central heating
• Mix of open plan and cellular offices