Price Reduction
£4,450,000

Gravel Hill Farm

Gravel Hill, Shirrell Heath, Southampton, SO32 2JQ

The Space

RARE VACANT FREEHOLD INDUSTRIAL UNIT SET WITHIN 8 ACRES

At a glance

Property Type Industrial / Motortrade / Open Storage / Warehouse
Tenure To Let / For Sale
Size 47,414 sq ft
Price £4,450,000
Business Rates £125,952 per annum
Service Charge n/a
Energy Performance Rating This property has been graded as C (64)

Botley
66 mins


Hedge End
93 mins


Swanwick
99 mins


Fareham
101 mins


Reading
729 mins


Twyford
777 mins


Maidenhead
876 mins


Taplow
898 mins


Key Points

  • Well Located Rural Warehouse / Workshop
  • Ample Parking & Yard Space
  • Variety of Loading & Dock Level Loading Doors
  • Minimum Eaves Height 5.22m
  • Well Fitted Offices
  • Secure Site

Description

The subject building is a detached industrial / workshop set back from the main road and within soil bunds which helps create a secure environment. The building is of steel portal frame construction with a twin pitched roof incorporating a valley gutter. The building was refurbished some years ago to provide workshop space with loading door in the north west, south and south east elevations and surrounded by parking and yard space. On the south elevation there are 3 dock level loading doors.
Internally there is a two storey office which has been well fitted to provide various offices, meeting rooms, kitchen areas and toilets.
The site overall has parking just off Gravel Hill, the estate road leading into the bunded secure area which provides further parking, storage and yard space, to the south east of this there is a further plot of land which has access from the yard but does not have any planning use currently on it.

Available area

The accommodation comprises the following areas:

Name sq ft sq m Availability
Ground - Warehouse 45,326 4,210.92 Available
1st - Office 2,088 193.98 Available
Total 47,414 4,404.90

The Location

The subject building is situated on the eastern side of Gravell Hill a short distance south of Bishops Waltham and Swanmore. The site is situated between Hospital Road and Solomans Lane intersection with Gravel Hill to the south and Forest Road and Bishops Wood Road to the north. The unit is conveniently located just 14 miles to the east of the M3 motorway and 8 miles north of the M27 with Wickham being less than 3 miles to the south.

Specifications

* Loading doors - NW elevation 4m w x 5.75m h (elec) & 3.21m w x 3.94m h (man)
* 3 Dock Level Loading doors - S elevation all 3.5m h x 3.m / 2.93.m w & 4.44.m
* Loading door - S elevation 3.46m w x 4.43m h
* 2 Loading doors - E elevation 3.41m w x 4.50m h (man)
* Minimum Eaves Height 5.22m
* Three Phase Power & LED Lighting throughout
* Site benefits from its own sub station (further details to be confirmed)
* Power Floated Concrete Floor
* Offices with Suspended Ceiling, LED Lighting, Air Con, W.C.'s, Kitchen areas, Aluminium double glazed windows and oil fueled heating
* Mains water & sewage.
* Power supply of 650 KVA

Terms

Freehold available at a quoting price of £4,450,000.00 for full vacant possession, alternatively the building is available to rent at £350,000 subject to a new 10 year full repairing insuring lease with a 5 year open market rent review.

Business Rates

Rateable Value £246,000 - You are advised to make your own enquiries to Winchester City Council in this regard.

Other Costs

Each party to bear their own legal costs incurred in the transaction.
Unless stated all prices and costs are exclusive of VAT

£4,450,000