5,610 sq ft Investment For Sale, New Milton BH25, £500,000
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Property ID: 75384
£500,000 Freehold
Unit 1 Nova Business Centre, New Milton, Hampshire, BH25 6SA
Type
Investment
Status
Sold
Size
5,610 sq ft / 521 sq m
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
Specification
- Loading bay / door
- Yes
- Yard / compound
- Yes
- Parking
- Yes
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Description
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.
Location
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Property ID: 75384
5,610 sq ft Investment For Sale, New Milton BH25, £500,000
£500,000 Freehold
Unit 1 Nova Business Centre, New Milton, Hampshire, BH25 6SA
Vail Williams
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