Industrial for sale in Unit 5, Quay Lane, Hardway, Gosport PO12

£250,000 (£92.28/sq. ft)
Interested in this property? Call +44 23 9229 2052 * or Request Details

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Industrial for sale

2,709 sq. ft*

Property description

Key Points

  • North of Gosport Town Centre
  • Tenant prepared to enter into new Lease
  • Established Industrial Location
  • Would suit a variety of uses in the future.

    • Description

    The subject property is a mid terrace freehold industrial unit of brick construction under a pitched corrugated asbestos roof with approximately 30% roof lighting.

    The main workshop has a concrete floor and opens into a front forecourt via a sectional roller shutter door which is full height. The tenant has extended the mezzanine to over 50% of the unit and has been trading successfully within the unit for sometime and is prepared to enter into a new lease agreement, further details upon request.

    Location

    Quay Lane is situated to the north of Gosport Town Centre and is approached via the recently constructed link road from Fareham Road (A32) north of Fort Brockhurst.

    The premises are located centrally within the Estate forming part of a terrace of similar units fronting Portsmouth Harbour.

    Terms

    Freehold is available at a price of £250,000 subject to a new lease to the current tenant, UK Makerspace Ltd who will take a new 7 year Fri lease at a rent of £16,000 per annum with a rent review and break option at 3.5 years.

    Availability_Text

    The accommodation comprises the following areas:

    Rateable Value

    Rateable Value £24,750
    You are advised to make your own enquiries to the local authority in this regard before making a committment.

    Other Costs

    Legal Costs - Each party to be responsible for their own legal costs incurred in the transaction.

    VAT - the property is elected for VAT

    Property info

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

    Arrange Viewing

    For more information about this property, please contact
    Holloway Iliffe and Mitchell, PO6 on +44 23 9229 2052 * (local rate)

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Holloway Iliffe and Mitchell, and do not constitute property particulars. Please contact Holloway Iliffe and Mitchell 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.

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