Light industrial to let in 72-94 Millbank Street, Southampton, Hampshire SO14

£40,000 pa (£10.07/sq. ft. pa)
Light industrial to let 3,972 sq. ft*
Interested in this property? Call +44 23 8210 6295 * or Request Details

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

Property features

  • Gia - 3,972 sq.ft
  • Potential for Last Mile Delivery distributor
  • New lease
  • Fully operational freight lift
  • Scope for alternative uses
  • Previously occupied by John Lewis

Property description

Description

The property is located on Millbank Street in the Northam district of Southampton. The city centre and docks are located within 1 mile of the subject property providing an excellent opportunity for all last mile delivery businesses.

The property is one of the very few high bay warehouses in the city. It currently operates as a document storage facility with fitted racking and motored lift.

Accommodation


Warehouse - 3,496 sq.ft
Canopy Area - 476 sq.ft

Total gia - 3,972 sq.ft



Planning


We understand the use class to be 'B8 warehouse'. Interested parties are advised to make their own enquiries of the Local Authority for confirmation.

EPC Text


Asset Rating - E103

Rating


Rateable Value £20,750
Source The 2021/2022 standard multiplier is 0.499 (4.99p payable per £1). The 2020/2021 small business multiplier is 0.499 (49.9p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.

Terms


Available by way of a new full repairing and insuring lease for a term to be agreed at £40,000 per annum exclusive of rates VAT (if applicable) and all other outgoings.

Property info

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

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For more information about this property, please contact
Primmer Olds BAS, SO15 on +44 23 8210 6295 * (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 Primmer Olds BAS, and do not constitute property particulars. Please contact Primmer Olds BAS 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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