Office for sale in Omega Park, Alton GU34

Non-quoting
Interested in this property? Call +44 1420 258813 * or Request Details

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Office for sale

11,250 sq. ft*

Property features

  • Freehold investment
  • 10 year lease to wholly owned subsidiary of BAE systems from September 2021
  • Rent £151,875 pax (£13.50 sq ft)

Property description

Fully Let to In-Space Missions Ltd (A wholly owned subsidiary of BAE systems)
10 Year Lease from September 2021
Rent £151,875 per annum exclusive (£13.50 sq ft)
Edge of Town Business Park Location
Close Proximity to Mainline Railway Station (London Waterloo 1 Hour)
Easy Access to Main A31

Accommodation
(Measured in accordance with the RICS Code of Measuring Practice)

Unit 7 - 6,000 sq ft (557.4 sq m)
Unit 8 - 5,250 sq ft (487.7 sq m)
Total - 11,250 sq ft (1,045 sq m)

Note: The Units are interconnected and occupied as one by the tenant under the terms of a single lease.

Rates
Interested parties are advised to contact the Rating Authority, East Hampshire District Council.


EPC


Available on request.

Lease
The accommodation is let to Messrs. In-Space Missions Ltd on a 10 year lease from September 2021 at a rent of £151,875 per annum exclusive, subject to 5 yearly rent review. There is a one-off tenant option to break at the end of the 5th year of the term.

Tenant
As announced on the 14th September 2021, In-Space Missions Ltd was acquired by BAE Systems and therefore trades as a wholly owned subsidiary.

Terms
freehold with price guide on application.

Note
We Act on behalf of the freeholder of the adjoining premises, Unit 9 Oriel Court which is let on a similar basis, also to In-Space Missions Ltd at £60,000 per annum exclusive. This investment is also available for sale.

Viewing
Strictly by appointment with Glanfield Holmlund

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

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For more information about this property, please contact
Glanfield Holmlund, GU34 on +44 1420 258813 * (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 Glanfield Holmlund, and do not constitute property particulars. Please contact Glanfield Holmlund 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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