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No longer on the market

This property is no longer on the market

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Industrial unit

Sold STC
Industrial unit
2475
Added > 14 days

Features and description

  • For Sale or To Let
  • Virtual Freehold - £325,000 plus VAT
  • Rental - £25,000 pa plus VAT
  • Mid-terrace warehouse / business unit
  • 2,475 Sq. Ft. (230 Sq. M.) GIA
  • Ground Floor: warehouse, offices, kitchen, accessible WC
  • First Floor: offices, meeting room, kitchenette, WC
  • Possibility to reconfigure unit
  • Well-established Winnall Industrial Estate in Winchester
  • Under a mile from Junction 9 of the M3 / A34
A purpose-built two storey mid-terrace business unit of brick and part-clad elevations with a pitched roof, thought to have built around the year 2000. The unit is presently configured to provide a warehouse/storage space, two offices, kitchen and accessible WC on the ground floor and a blend of open-plan offices and cellular suites/meeting rooms on the first floor, along with a further kitchenette and separate WC. It may be possible to to enhance the warehouse/storage element by removing the partitioned offices on the ground floor.

Features of the property include an electric shutter door, 3-phase electricity, gas central heating, electronic Velux roof windows at first floor, intruder and fire alarm. Externally there are 5 allocated and marked parking bays and it’s also possible to utilise the area in front of the shutter door for additional parking, as well as on-road.

ACCOMMODATION
We have identified an approximate gross internal area (GIA) of 2,475 Sq. Ft. / 230 Sq. M. split equally between ground and first floors.

TENURE
We are instructed to seek offers in the region of £325,000 plus VAT for the long leasehold interest in Title Number HP701276 (999-year lease granted in 2008), which equates to a capital value of £131psf.

Alternatively, a new FRI lease is offered on terms to be agreed, at a rent of £25,000 pa plus VAT, exclusive of any business rates, service / estate charge and utilities.

EPC RATING
C (73) under certificate reference 0593-0396-1930-4500-1803 valid until 15th January 2028.

RATEABLE VALUE
The property has a rateable value of £31,500, effective from 1st April 2023, suggesting business rates liability of c. £15,700 per annum. For further information on business rates please refer to the relevant Local Authority.

VIEWINGS
All enquiries and appointments to view must be made via sole agent Trinity Rose Commercial on[use Contact Agent Button], or by contacting Jon Baud on[use Contact Agent Button] / [use Contact Agent Button]

LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in this transaction. Prices quoted will be subject to VAT provisions.

The property is situated along Moorside Road in the heart of Winchester’s principle business park at Winnall, which is in close proximity to Junction 9 of the M3 and the A34, under a mile away to the south, providing convenient access to the road network.

Nearby occupiers include: Korber Technologies, RBS Scaffolding, Warrens Office Supplies, The Salvation Army, Sigma-HSE, Utilita, LED Flex, APEM Components Ltd, Jewson and Safestore.

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