Industrial to let in Newport Road, Lake PO36

Spithead Business Centre situated on the A3056 to the east of the Island. The site is a mixed office and light industrial/storage development located in a good trading location in Lake. Aldi is adjacent with Morrisons, kfc & Marstons opposite.

The development provides easy access to neighbouring towns of Shanklin and Sandown with Newport and Ryde being within a short drive.

Offered to lease is a light industrial/warehouse unit within the western terrace at Spithead Business Centre. A steel portal framed unit with full height blockwork to the double pitched roof and elevations and a power floated floor.

The premises offer approximately 9483 sq ft (880 sq m) gia. There is a block built office space and amenity block. Approximate gross internal dimensions are 42.6m x 20.7m. The roof height from floor to the apex is 7.1m.

The unit has a roller shutter door 3.56m w x 4.38m H plus personnel doors, natural lighting via rooflights and 3 phase electricity.

The layout of the site and the units lends itself to being split and subdivided, our client is open to discussing the subdivision of the unit if required.

This unit has most recently traded within the leisure industry and could be used within a variety of different uses, subject to gaining any necessary consents.

Unit C9, adjacent, has previously served as a covered parking area for this unit and is also available to lease.

Our client is asking £56,898pa + VAT & service charge on a new full repairing and insuring lease. Terms to be negotiated. A small service charge will be payable.

The voa shows a rateable value of £29,000. Using the current ubr the rates payable will be circa £14,700pa.

All viewings to be arranged via hrd Commercial