£1,400,000
(£14.74/sq. ft)
Land for saleOpen Storage, Riverside Yard, Romsey Road, Ower, Romsey, Hampshire SO51
94,961 sq. ft
Just added
Available immediately
About this property
Approx. 25% let with £40,250 current income
Total site area of circa 2.185 acres
Net usable area of circa 1.245 acres
B8 Planning Consent
Approx. 1 mile from Junction 2 of the M27
Riverside Yard comprises a substantial yard/open storage site extending to approximately 2.185 acres in total, with the net usable area extending to circa 1.245 acres. The total site area is hatched red on the plan, with the net usable area hatched blue.
The site is accessed via a concrete lane, which forms part of the title, and is mainly hardstanding with a small area of unsurfaced ground. Water and electricity are available on site. There is also an old farm building, although this is in derelict condition.
Approximately 25% of the site is currently let, producing an income of £40,250 per annum. The property therefore provides an exciting opportunity for an owner occupier to acquire a sizeable yard/site for their own use, whilst also benefiting from an existing income stream from occupiers on site.
The property also offers an excellent opportunity for investors to increase the overall income by letting the vacant areas of the site to new occupiers.
The current tenancy layout plan and tenancy schedule are included at the end of this brochure.
The site is accessed via a concrete lane, which forms part of the title, and is mainly hardstanding with a small area of unsurfaced ground. Water and electricity are available on site. There is also an old farm building, although this is in derelict condition.
Approximately 25% of the site is currently let, producing an income of £40,250 per annum. The property therefore provides an exciting opportunity for an owner occupier to acquire a sizeable yard/site for their own use, whilst also benefiting from an existing income stream from occupiers on site.
The property also offers an excellent opportunity for investors to increase the overall income by letting the vacant areas of the site to new occupiers.
The current tenancy layout plan and tenancy schedule are included at the end of this brochure.
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Monthly repayment
£7,003 per month
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