Industrial unit to rent

Millbank Street, Southampton, Hampshire, SO14

01962 278784

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Industrial unit

0 bed

0 bath

18,808 sq ft / 1,747 sq m

Property description & features

To Let detached industrial unit
18,808 sq. ft. / 1,747 sq. m. GIA
Rent £10 per square foot exclusive
Recently renovated
New roof
Concrete floor
Three phase electricity
5 Full height roller shutter loading doors
2 tailgate roller shutter loading doors
External yard approximately 7,400 sq. ft. / 687 sq. m.

16 Millbank comprises a recently-renovated detached warehouse of steel portal frame construction with brick elevations, partially clad in profiled steel cladding, under a new pitched roof with in-built skylights and providing clear span accommodation. Access is via a pedestrian doorway plus 5 full height loading doors plus two tailgate loading doors. Amenities within the warehouse include a solid concrete floor and three phase electricity. An external canopy provides a covered loading area of approximately 2,200 sq ft to 3 of the full height shutters plus the tailgate loading doors.

ACCOMMODATION
A measured survey has been undertaken which identified the following:

Warehouse Sq. ft. Sq. m.
Main area 16,436 1,527
Platform area providing tail gate loading 2,372 220
Total GIA 18,808 1,747

TENURE
Available on a new full repairing and insuring lease on terms to be agreed, at a guide rent of £10 per square foot (£188,080) plus VAT.

RATEABLE VALUE
To be re-assessed.

LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in any transaction.

The unit is elected for VAT purposes.

EPC RATING
Rated C (68) under certificate reference 3374-8539-9882-9829-4602 which is valid until 28th January 2031.

VIEWINGS
All enquiries and appointments to view must be made through the sole agents Trinity Rose Commercial on[use Contact Agent Button] or by emailing [use Contact Agent Button]

The property is prominently located on Millbank Street, Northam, a busy road leading into Southampton city centre. Northam is an established industrial and marine location, as well as attracting a number of trade operators. Elliott Builders Merchants are located adjacent to the property and South Coast Building Supplies, Magnet and Speedy Hire are all close by. The location benefits from good access to Ocean Village and its marina, the city centre and the docks are all within a mile. Motorway connections are in close proximity as below:

J3 M27 - 5.5 miles to the west
J5 M27 - 4.4 miles to the north
J7 M27 - 4.5 miles to the east

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Particulars

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Places of interest

Trinity Rose Commercial - Hampshire

First Floor, Trinity House, 123 Winchester Road Chandler's Ford, Hampshire SO53 2DR

01962 278784

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Saving our clients time, effort and money by helping them make the very best commercial property decisions every time. Making sense of opportunities and challenges within the commercial property sector is about understanding both the property and the client’s needs. We are passionate in delivering exceptional service and demonstrating we have fully understood our client’s requirements. It’s the detail that truly matters. Our skill is in asking all the right questions, whether acting for commercial property landlords or an occupying tenant. Our Commercial team enthusiastically supports our growing estate agency network, whilst building further on our reputation across the wider South Coast region. With a wealth of experience in retail, offices, industrial, care and leisure sectors we provide independent advice to our commercial property clients, across the city and the wider Hampshire and Surrey regions. Established in 2010, Charters Commercial has been highly active and influential across all commercial property sectors, responsible for many high profile transactions. Our wealth of experience in all landlord and tenant matters has also allowed successful negotiation of numerous commercial leases. Charters Commercial is an expanding team with an excellent reputation for its bespoke approach and commitment to its clients.

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