INVEST IN LIGHT INDUSTRIAL


Description 

The premises are located at the front of the estate having great prominence, which was formerly built for the Wilton Carpet factory. This end terraced unit, which is totally self-contained, is of steel portal frame design having block-work walls beneath a corrugated roof benefiting from continuous north facing day-lighting panels. 

The warehouse accommodation is approached via roller shutter loading doors or the main office reception / trade counter entrance. There are several private meeting rooms and stores, in addition to male and female toilets. 

The first floor offers two general and a private/smaller office, a kitchenette and male and female toilets, with mezzanine storage of some 525 square feet. Adjacent to the loading doors there is an additional 775 square feet of mezzanine storage. 

The premises benefits from three phase electrics, high bay lighting, a Modine high level gas fired space heater, a minimum eaves height of a 5.07 metres (16'6"), excellent loading door (18'4" wide, 12'7" tall), overhead fluorescent lighting, and generous forecourt and side parking. 
In recent years full flood protection has been installed to prevent the ingress of water. Should this ever happen several pumps automatically start to evacuate any flood water. Full details on request 

It should also be noted that the company providing building and flood insurance is happy to continue; the works that have been carried out fully satisfy their exacting requirements. Again, full details on request. 

Location 

The Frobisher Centre is an industrial and warehouse complex approached from Budds Lane (adjacent to the railway bridge), which is accessed off the A3057 Greatbridge Road. The estate is to the north of Romsey Town Centre and has good access to the M27 to the south, Stockbridge and Andover / A.303 for dual carriageway access to Basingstoke and the M.3, or to the South West and Exeter. 

The M.27 motorway (junctions 2 and 3) is within about an easy ten minutes driving distance, thus allowing access to all parts of the Solent Region, Southampton Airport and Eastleigh Parkway mainline railway station (junction 5), and further afield via the M.3 and the national motorway network. 

Lease 

A new lease could be granted for a term of three, six or nine years on an FRI basis. 

Rent 

£50,000 per annum exclusive payable quarterly in advance. 

Rates 

According to the Valuation Office's web site (voa.gov.uk), the rateable value is £39,750. The 2017 rates payable figure will be based on 47.9 in the pound, or £19,040.25 (until April 2018). 

Freehold 

Our clients are prepared to consider offers in excess of £600,000. 

Legal costs 

Each party will be responsible for their own legal costs incurred in this transaction. 

Roller shutter loading doors A private/smaller office, a kitchenette and male and female toilets The premises benefits from three phase electrics, high bay lighting

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