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property information
Commercial
Type: For sale
Tenure : Freehold
Class: B1 Business
Address: Davtrend Ltd, 7A Fitzherbert Spur, Farlington, Portsmouth PO6 1TT, UK
Categories:
Industrial Park
Light Industrial
Price: £275,000
Min size: 5,501.00 sq ft

LOCATION

The property is located on the north side of Fitzherbert Spur, Farlington, an established industrial estate situated around 1 kilometer north of the A27(M) and its junction with Eastern Road.

The property benefits from good accessibility by road with the A27 linking directly with the M27 South Coast motorway and A3(M) to London. More locally, the Eastern Road to the south provides good access for Southsea with the option of using the M275 for access into Portsmouth. To the North, the Eastern Road joins the Havant Road providing local access to Drayton and Cosham to the West and Bedhampton to the East.

Other occupiers in the vicinity include Portsdown Office Limited, Omnico, APC Coatings, Hopelake Foods and First Wessex Property Services. Other occupiers in Fitzherbert Road include Howdens, Magnet, Sainsburys and Homebase.

ACCOMMODATION

The property compromises part of a terrace of industrial/warehousing units of steel portal frame construction between an insulated clad roof with concrete slab elevation. The property has been substantially improved by the current owner, including the installation of internal administrative offices and a significant area of mezzanine floor for additional production space plus heating and double glazing.

TERMS

The property is to be let from completion on a full repairing and insuring Lease to Davtrend Limited for a term of 10 years at a rental of £22,500 pax subject to a rent review after 5 years. We are instruction to offer the freehold investment in the sum of 275,000.

LEGAL COSTS

Each party to bear their own legal costs incurred in this transaction.

VIEWING

All arrangements to view must be made by prior appointment with Sole Agents GARNER WOOD on 023 9262 9000.


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Industrial Park for sale - Davtrend Ltd, 7A Fitzherbert Spur, Farlington, Portsmouth PO6 1TT, UK

Listed on: 20 August 2015
£275,000
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