No longer on the market
This property is no longer on the market
MapIndustrial unit
Under offer
Industrial unit
2709
Features and description
- North of Gosport Town Centre
- Tenant prepared to enter into new Lease
- Established Industrial Location
- Would suit a variety of uses in the future.
The subject property is a mid terrace freehold industrial unit of brick construction under a pitched corrugated asbestos roof with approximately 30% roof lighting.
The main workshop has a concrete floor and opens into a front forecourt via a sectional roller shutter door which is full height. The tenant has extended the mezzanine to over 50% of the unit and has been trading successfully within the unit for sometime and is prepared to enter into a new lease agreement, further details upon request.
Quay Lane is situated to the north of Gosport Town Centre and is approached via the recently constructed link road from Fareham Road (A32) north of Fort Brockhurst.
The premises are located centrally within the Estate forming part of a terrace of similar units fronting Portsmouth Harbour.
Freehold is available at a price of £250,000 subject to a new lease to the current tenant, UK Makerspace Ltd who will take a new 7 year FRI lease at a rent of £16,000 per annum with a rent review and break option at 3.5 years.
Rateable Value £24,750
You are advised to make your own enquiries to the local authority in this regard before making a committment.
Legal Costs - Each party to be responsible for their own legal costs incurred in the transaction.
VAT - the property is elected for VAT
The main workshop has a concrete floor and opens into a front forecourt via a sectional roller shutter door which is full height. The tenant has extended the mezzanine to over 50% of the unit and has been trading successfully within the unit for sometime and is prepared to enter into a new lease agreement, further details upon request.
Quay Lane is situated to the north of Gosport Town Centre and is approached via the recently constructed link road from Fareham Road (A32) north of Fort Brockhurst.
The premises are located centrally within the Estate forming part of a terrace of similar units fronting Portsmouth Harbour.
Freehold is available at a price of £250,000 subject to a new lease to the current tenant, UK Makerspace Ltd who will take a new 7 year FRI lease at a rent of £16,000 per annum with a rent review and break option at 3.5 years.
Rateable Value £24,750
You are advised to make your own enquiries to the local authority in this regard before making a committment.
Legal Costs - Each party to be responsible for their own legal costs incurred in the transaction.
VAT - the property is elected for VAT
Property information from this agent
About this agent
Holloway Iliffe & Mitchell - Portsmouth
10, Acorn Business Park
Portsmouth, Hampshire
PO6 3TH
023 9211 0073Holloway Iliffe & Mitchell is an independent firm of chartered surveyors and commercial & industrial property consultants, having considerable market knowledge and awareness in all aspects of the commercial market along the south coast, particularly the M27 corridor and surrounding conurbations. The three directors each have specialised knowledge within the professional, agency and development sectors. This includes management, to incorporate industrial/warehousing, offices, retail, investments and development.