2 Mount Pleasant Industrial Estate
Mount Pleasant Road, Southampton, SO14 0SPThe Space
Well Located Industrial Investment With a Secure Yard
At a glance
| Property Type | Industrial / Investment / Trade Counter / Warehouse |
| Tenure | For Sale |
| Size | 2,857 sq ft |
| Price | Offers in the region of £290,000 |
| Business Rates | Upon Enquiry |
| Energy Performance Rating | This property has been graded as D (92) |
St Denys
10 mins
Bitterne
12 mins
Southampton Central
22 mins
Woolston
24 mins
Reading
806 mins
Twyford
869 mins
Maidenhead
980 mins
Taplow
1006 mins
Key Points
- Secure Yard
- Convenient Location
- Suitable for a Variety of Uses
- Modern Industrial Unit
- Lease to Marine Machine UK Limited till 27th March 2038
Description
The property is semi-detached industrial unit of a steel portal frame structure and benefits from having roller shutter loading door, separate pedestrian access, strip lighting and WC with wash-hand basin on the both the ground and first floors.
The unit also benefits from having a secure yard, with direct access from the estate road.
Eaves height 4.91m
Loading height 3.96m width 3.76m
Available area
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Ground | 1,994 | 185.25 | Available |
| Mezzanine | 863 | 80.18 | Available |
| Total | 2,857 | 265.43 |
The Location
The subject unit is at the entrance of Mount Pleasant Industrial Estate and easily accessed from either Mount Pleasant Road to the west or Radcliffe Road to the south. Both these roads link to arterial routes out of the city and link to the M27 motorway network.
Terms
Available for sale at a price of £290,000.00 subject to a 10 year FRI lease to Marine Machine UK Ltd till 27th March 2038 at a rent of £21,500 pa, subject to a open market upwards only rent review on 28th March 2028. At the quoting price this represents a gross yield of 7.41%.
Business Rates
Rateable Value £23,250
You are advised to confirm this figure with the local authority before making a commitment to lease.
Other Costs
A service charge is payable to cover costs such as maintenance and repair of common parts, landscaping, management fees. Additionally Building Insurance is also payable.
Each party to be responsible for their own legal costs incurred in the transaction.
Unless stated, all prices and rents are quoted exclusive of VAT.
