Properties For Sale

Images
IMG20211014094303-800x600.jpg

Industrial/ Warehouse Unit For Sale

On behalf of the Liquidators of Solent Environmental Asbestos (Services) Limited

For Sale - PART INCOME PRODUCING INDUSTRIAL UNIT WITH THREE SELF CONTAINED INDUSTRIAL UNITS AND ONE SELF CONTAINED UNIT WITH ATTACHED TWO STOREY OFFICES – Hardley Industrial Estate, Lime kiln Lane, Holbury, Southampton.

• Circa 1,742 sq ft of ground and first floor office accomodation
• Crica 7,625 sq ft of industrial/ warehouse accomodation
• Long leasehold for 125 years from 19th February 1973
• Two storey Office and Warehouse 1 available with vacant possession/ Warehouses 2, 3, 4 currently income producing. Current income £29,680.00per annum.
• 3 phase electrical supply

 

Tenure
Long leasehold for 125 Years Commencing on 19th February 1973 (approx. 77 years remaining). Rent review after first 7 years and each subsequent 14 years. Current ground rent £13,200 per annum. The next rent review is due after 25 March 2022.

Lease Information

Two Storey Office & Warehouse 1
Available with vacant possession

Warehouse 2
Lease Date: 1st November 2018
Parties: Solent Environmental Services (Asbestos) Ltd (1) Hampshire Powder Coatings (2)
Term: 1 year commencing on the 1st November 2018. With an option of a 4 year extension by mutual agreement from 01/11/2019 following a rent review. Ending 31/10/2023.
Initial Rent: £855 per month (£10,260 per annum)

Warehouse 3
(Assumed Business Tenancy)
Parties: Solent Environmental Services (Asbestos) Ltd (1) CSK Marine (2)
Rent: £855.00 per month (£10,260 per annum)

Warehouse 4
(Assumed Business Tenancy)
Parties: Solent Environmental Services (Asbestos) Ltd (1) Gary Ball (2) (Trading as Atlas Windows)
Term: 14 months from 1st November 2015 to 31st December 2016
Rent: £763.33 per month (£9,160 per annum)

Location
Unit 4 is located on Lime Kiln Lane part of the Hardley Industrial Estate. Lime Kiln Lane links with the A326 Long Lane going south towards Fawley and Calshot or north on to the Hythe and Marchwood Bypass. The A326 provides a mix of single and dual carriage way access to J2 of the M27.

EPC
To be confirmed

Legal Costs
Each party to be responsible for their own legal costs incurred in the transaction.

Viewing
Strictly by appointment with the joint sole agents Hellier Langston and SIA Group Asset Ingenuity Limited.

Business Rates
TBC. We further advise Interested parties undergo thier own due dilligence on the rateable value of the property.

Request further information

Your Name (required)

Your Email (required)

Subject

Your Message

Location