MapIndustrial unit for sale
Unit C5 Cairo Place, Penner Road, Havant, PO9 1QN
Industrial unit
3,891 sq ft / 361 sq m
Features and description
- Tenure: Freehold
- 7 Allocated Parking Spaces
- Air Conditioning
- Modern Unit
- Established Position
- Excellent Transport Communications (A27)
The property has 2 floors, rented to individual tenants. Both floors consist of office with ancillary storage, toilets, a kitchenette, and partitioned meeting rooms. The ground floor has benefit of the rear loading area, in addition.
The property has 7 parking spaces on the estate, with rear loading area.
Unit C5 is situated within Havant a town forming part of the south coast conurbation between Southampton and Portsmouth. Nearby occupiers include Kahrs, IVL Leasing, Compass Contract Hire and Motorent. The property benefits from excellent transport communications with the property in easy access of A27 providing access to the national motorway network. Havant train station is situated 1.7 miles away by car.
Freehold available at a price of £550,000, subject to the following leases, ground floor let to Bollscar Builders Limited who took a 5 year lease with no break or rent review from March 2023; and the first floor let to Keel Marine Limited on a 10 year lease, with a break and rent review in 2027. The equated rent comes to £37,000 per annum.
Ground floor - £20,000
First Floor - £16,500
Source: VOA
You are advised to make your own enquiries with the local council on these figures and possible fees.
Legal Costs - Each party to be responsible for their own legal costs.
VAT - The property is elected for VAT
The property has 7 parking spaces on the estate, with rear loading area.
Unit C5 is situated within Havant a town forming part of the south coast conurbation between Southampton and Portsmouth. Nearby occupiers include Kahrs, IVL Leasing, Compass Contract Hire and Motorent. The property benefits from excellent transport communications with the property in easy access of A27 providing access to the national motorway network. Havant train station is situated 1.7 miles away by car.
Freehold available at a price of £550,000, subject to the following leases, ground floor let to Bollscar Builders Limited who took a 5 year lease with no break or rent review from March 2023; and the first floor let to Keel Marine Limited on a 10 year lease, with a break and rent review in 2027. The equated rent comes to £37,000 per annum.
Ground floor - £20,000
First Floor - £16,500
Source: VOA
You are advised to make your own enquiries with the local council on these figures and possible fees.
Legal Costs - Each party to be responsible for their own legal costs.
VAT - The property is elected for VAT
Property information from this agent
About this agent
Holloway Iliffe & Mitchell - Portsmouth
10, Acorn Business Park
Portsmouth, Hampshire
PO6 3TH
023 9211 0073Holloway Iliffe & Mitchell is an independent firm of chartered surveyors and commercial & industrial property consultants, having considerable market knowledge and awareness in all aspects of the commercial market along the south coast, particularly the M27 corridor and surrounding conurbations. The three directors each have specialised knowledge within the professional, agency and development sectors. This includes management, to incorporate industrial/warehousing, offices, retail, investments and development.