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Investment

Investment For Sale New Milton

PROPERTY ID: 75384

PROPERTY TYPE

Investment

STATUS

Sold

SIZE

5,610 sq.ft

Key Features

10 year FRI lease from 22 April 2015, new reversionary lease signed for a term of 5 years from 21 April 2025
Term certain of 9.6 years, no break options
Passing rent of £35,000 pa (£6.24 psf)
Offers in excess of £500,000, subject to contract

Property Details

Description The Semi-detached Property Is Constructed Of A Steel Portal Frame, Block Work And Clad Elevations Beneath A Pitched Roof Which Incorporates Roof Lights. Internally The Front Of The Property Comprises A Two-storey Brick Constructed Show Room And First Floor Offices With A Flat Roof, Which Leads To A Customer Facing/sales Area And Further Show Room. The Warehouse Space Incorporates A Tenant’s Mezzanine (licence To Alter In Dataroom) And A Loading Door The Southern Elevation. Externally, There Is A Concrete Yard To The Front Of The Property Which Is Currently Used For Customer Parking And Deliveries.

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About the Agent

Vail Williams

See Agent's Other Properties

Investment Unit

£500,000 Freehold

Unit 1 Nova Business Centre, New Milton, BH25 6SA
Investment - Sold
5,610 sq ft
521 sqm
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