Key PointsBusy Road FrontagePart Investment/Income ProducingModern Substantial BuildingLarge Mezzanine Floor
The property comprises of a large detached industrial building with the benefit of B1 & B8 uses, built around a steel portal frame with substantial brick and block elevations, inset loading doors and a mix of concrete tiled roof and profile steel sheeting.
The main warehouse has an eaves height of approximately 21ft making it ideal for large space, warehousing and distribution.
To the front is a two storey brick and block retail and office extension, with the ground floor being rented out on a commercial lease. The site as a whole provides a large overall external yard and parking.
The premises are located slightly to the north of Petersfield Town Centre, the B2070, which along with A272 provides very prompt access onto the A3 bypass.
The property is located immediately opposite Churchers College and adjacent to an Esso petrol filling station. Petersfield Town Centre is approximately 2 miles to the south.
The freehold is available at offers in excess of £2,000,000, plus VAT.
The owners will consider a lease of the whole on effective full repairing and insuring terms for a term of 10 years, subject to a 5 year upward only rent review. Rent on application.
Current tenancies in place are as follows:
Retail unit let to Elance Ltd on a lease until 31/01/22 at £22,000 pa.