Light industrial to let in Droxford Road, Southampton SO32

Unit 2 (1,520 sq.ft.) - Rent £12,420 pa (£1,035 pcm)

Location:
The Building is located close to Hill Farm with direct access off Droxford Road, just to the north of Swanmore Village about 7 miles north of Fareham and the M27 and 12 miles south of Winchester and the M3. See Location Plan.

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Description:
The building comprises a former specialist food standard specification unit, originally used for more than 20 years for the pressing and bottling of apple and other juices. Built in 1999 and with a later extension in 2003 the building is of galvanised steel frame with concrete block construction and double insulated square profile roof and cladding with extensive natural roof lights and measures Unit 1 12.25 x 23.10m and Unit 2 12.25 x 11.40m. Internally the floor is a highly polished concrete screed with 3 bays with a specialist floor paint finish, very well lit, with emergency pedestrian door and 3 wide roller shutter doors.

Outside the building is approached over a concreted driveway and yard suitable for turning and manoeuvring of heavy goods vehicles.

The Unit incorporates a fitted kitchenette with WC and washroom. In addition there is a 33’ long x 9’ wide Office Portacabin comprising three rooms, fully carpeted, double glazed UPVC windows, security doors, electricity with good office lighting.

Car Parking:
Parking is available in the yard to the west of the building - See Site Plan. Outside storage is not allowed.

Services:
3 phase mains electricity is connected with 3 x L E D and 4 x metal halide lighting, sockets positioned extensively within the building. Full fibre Broadband is connected to the building. Mains water. Private drainage. Oil fired heating available via 2 Grant 70kw Vortex Pro Boilers installed in 2013.

Planning:
The whole building benefits from full planning permission for a fully flexible commercial use - including Mixed Class E and Class B8 Storage and Distribution uses.

Business Rates:
The building has not yet been assessed for Business Rates, but Small Business Rates Relief might apply and would be payable by the Tenant in addition to the rent.

Viewing:
Strictly by appointment with the Landlord’s Agents - Tim Gardner or Henry Brice

Availability:
The Building is available for rent now.

Hours of Working:
Hours of Working: 0800 - 1800 hrs Monday to Friday, 0800 - 1300 hrs on Saturday and at no time on Sundays or recognised Public holidays.

Lease:
The letting will be on a Full Repairing and Insuring (F R I) basis for an initial 3 years Term with a Break Clause after 1 year for either party and will be excluded from the security provisions of the Landlord and Tenant Act 1954.

Rent:
£36,500 per annum, payable monthly in advance. The rent is exclusive of any business rates that might be payable.

If let separately:

Unit 1 - (3,040 sq.ft.) - Rent £24,400 pa
Unit 2 - (1,520 sq.ft.) - Rent £12,420 pa

VAT:
VAT is not payable in addition to the Rent

Deposit:
A deposit of £2,500 for Unit 1 and £1,500 for Unit 2 will be payable to the Landlord’s Agents refundable upon expiry of the tenancy.

Other Terms:

I) The Tenant will pay a one-off contribution towards the Landlord’s Letting Agent fees of £750 plus VAT.
Ii) The Landlord will insure the building but the Tenant will refund the Insurance premium and ipt .
Iii) The Tenant will be responsible for all outgoings including water, drainage, electricity, telephone, and rates.
Iv) The Lease will be granted for an initial 3 year term with a break clause at the end of Year 1 for either party on 3 months written notice.
V) The rent will be reviewed at the end of each year to the Retail Price Index (R P I)
vi) A Personal Guarantor will be required to guarantee the Lease and all payments due

Important Notice: Ian Judd and Partners LLP and their Clients give notice that:
1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Ian Judd and Partners have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. 3. The reference to any mechanical or electrical equipment or other facilities at the property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function and prospective purchasers/tenants should satisfy themselves as to the fitness of such equipment for their requirements. We have not made any investigations into the existence or otherwise of any issues concerning pollution of land, air or water contamination and the purchaser is responsible for making his own enquiries in this regard. 4. Tax may be payable in addition to the purchase price of any property according to law. Ian Judd and Partners is a Limited Liability Partnership.

November 2024