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Unit 2 Northbrook Industrial Estate, Vincent Avenue, Southampton, SO16 6PB
Guide Price* : £1,250,000 plus
INDUSTRIAL UNIT
- Vacant Industrial Unit
- Freehold
- Approximately 1,397.60 Sq M (15,044 Sq Ft) GIA
- On a Site of Approximately 0.228 Hectares (0.564 Acres)
Description
The property comprises an end terrace industrial unit of steel portal frame construction, arranged over two storeys.
Internally, the warehouse accommodation benefits from an eaves height of approximately 4.51 metres, with access provided via two roller shutter doors. The office accommodation is arranged across the ground and first floor and provides a mix of cellular and open plan space, with WC's and kitchenette facilities, totalling approximately 1,397.60 sq m (15,044 sq ft).
Externally, the property benefits from 43 parking spaces and is on a site of approximately 0.228 hectares (0.564 acres).
Location
The property is located at Northbrook Industrial Estate, within an established industrial area in the north-west of Southampton, approximately 4 miles from the city centre. The estate forms part of a well established employment location, predominantly comprising light industrial and warehouse units, supporting a range of trade, logistics and commercial occupiers.
The site benefits from excellent transport connectivity, with easy access to the M271 and M27, which in turn provide links to the M3 motorway. This enables convenient access to Southampton, Winchester, Portsmouth and the wider South Coast. Southampton Airport Parkway railway station is located approximately 3 miles to the north-east, offering regular services to London Waterloo and other destinations.
The surrounding area includes a mix of industrial estates, business parks and residential neighbourhoods, with nearby occupiers including Nursling Industrial Estate and Adanac Park. There are also nearby green spaces and recreational areas, including Lordswood and the River Test.
Tenure
The property is held Freehold under Title Number HP240698.
Tenancy
The sale of the property is subject to a sale and leaseback arrangement, on the following terms:
The property will be let for a term of 12 months at a rent of £117,465 per annum from xx. The lease will be contracted out of the Landlord and Tenant Act 1954 and will include a tenant break option at month 9, subject to 3 months’ notice. The tenant’s repairing obligations will be limited in accordance with an agreed Schedule of Condition. Further details will be included in the Legal Pack.
Planning Authority
Southampton City Council - www.southampton.gov.uk
Bidder Registration
Registration for bidding will close at 2:00 pm the day before the auction, after which we cannot guarantee giving you permission to bid at the auction.
VAT
Refer to the legal documentation
Energy Performance Certificate
C:72
Accommodation
| Address | Accommodation | Sq M | Sq Ft |
|---|---|---|---|
| Ground Floor | Office and Warehouse | 1,011.90 | 10,892 |
| First Floor | Offices | 385.70 | 4,152 |
| Total GIA | 1,397.60 | 15,044 |
Contact
Joint auctioneers
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
** If you take up this service, Dynamo may pay a referral payment of up to 20% of the procuration fee received by Dynamo from the relevant lender on completion of the mortgage to us. This is not paid by you and has no impact on the service provided. Dynamo is a trading name of Dynamo Mortgages Limited, which is part of the same group of companies as Lambert Smith Hampton, owned by Connells Limited.
If you take up this service you will agree your own separate contract with Dynamo, and Lambert Smith Hampton is not responsible for the accuracy, quality or suitability of any advice, recommendations or services provided to you.
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Legal Documents
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Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including LSH Property Auctions, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.
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