Office for sale in 9 Dragoon House, Hussar Court, Waterlooville, Hampshire PO7

£250,000 (£117.26/sq. ft)
Office for sale 2,132 sq. ft*
Interested in this property? Call +44 1923 588839 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Investment for sale
  • Rent £18,000 pax
  • Established tenant
  • Convenient for motorways
  • Price £250,000 leasehold (plus VAT)

Property description

Description

A 2 storey office building with net internal floor areas as follows:-

Ground Floor 1,002 sq ft 93.1 sqm
First Floor 1,130 sq ft 105.0 sqm
Total 2,132 sq ft 198.1 sqm

The tenant has recently installed LED lighting. The property has gas central heating. There are 8 allocated parking spaces.

Please note, the tenant has recently expanded into number 8 and has made openings linking the buildings on both levels.

Leases

Our client holds the property on a 125 year lease from 30th September 1988 at a fixed ground rent of £200 per annum.

The property is sub-let on a full repairing and insuring lease to osi Maritime Systems (UK) Ltd to 30th November 2040 at a rent of £16,000 per annum exclusive rising to £18,000 from 2nd February 2022.
Upwards only rent reviews 1st December 2025 and 5 yearly subject to a minimum of 110% of the rent payable prior to the relevant review date.

Osi Martime Systems (UK) Ltd has been in occupation since 2014. All rent payments are up to date. Osi provides an impressive range of services to Navies throughout the world (see ).

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
VDBM, Middlesex, HA6 on +44 1923 588839 * (local rate)

Contact VDBM, Middlesex about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by VDBM, Middlesex, and do not constitute property particulars. Please contact VDBM, Middlesex for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

4 more properties like this

View all Westside View commercial properties for sale