Property Overview
-
- Size:
- 2,709 sq ft / 252 sq m
-
- Usage:
- B1, B2
-
- Sale Type:
- For Sale
-
- Rental Income:
- N/A
-
- Property Type:
- Workshops
-
- Auction:
- No
-
- Development Opportunity:
- No
-
- Investment Opportunity:
- No
-
- Tenanted:
- No
-
- Energy Rating:
- N/A
General Summary
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.
Terms
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
Rateable Value £24,750
You are advised to make your own enquiries to the local authority in this regard before making a committment.
Other Costs
Legal Costs - Each party to be responsible for their own legal costs incurred in the transaction.
VAT - the property is elected for VAT
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.
Pricing
The pricing is unfortunately not available for this property online. Please submit your details using the form below and the agent will contact you to discuss this further.
