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4400 Parkway - The Belfry 1,983 sq ft Office Unit Offered at £425,000 in Fareham PO15 7FJ
INVESTMENT HIGHLIGHTS
- Established Solent Business Park
- 8 allocated parking spaces (one in tandem)
- Excellent transport links
EXECUTIVE SUMMARY
Unit 3 is a mid-terraced two storey office constructed with full height glazed curtain walling and an impressive entrance creating maximum profile and providing good natural light. The Links is an office development on the established Solent Business Park. The development is situated midway between Southampton and Portsmouth providing excellent access to the motorway network and Southampton International Airport, which is approximately 12 miles distant.
PROPERTY FACTS Sale Pending
| Total Property Size | 8,953 sq ft | Typical Floor Size | 4,476 sq ft |
| Property Type | Office (Unit) | Year Built | 2003 |
| Costar Property Class | B | Parking Allocation | 0.89/1,000 sq ft |
| Floors | 2 |
| Total Property Size | 8,953 sq ft |
| Property Type | Office (Unit) |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 4,476 sq ft |
| Year Built | 2003 |
| Parking Allocation | 0.89/1,000 sq ft |
AMENITIES
- Raised Floor
1 UNIT AVAILABLE
Unit 3
| Unit Size | 1,983 sq ft | Tenure | Freehold |
| Price | £425,000 | Net Initial Yield | 8.03% |
| Price Per sq ft | £214.32 | NOI | £34,110 |
| Unit Use | Office | No. Parking Spaces | 8 |
| Sale Type | Investment |
| Unit Size | 1,983 sq ft |
| Price | £425,000 |
| Price Per sq ft | £214.32 |
| Unit Use | Office |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 8.03% |
| NOI | £34,110 |
| No. Parking Spaces | 8 |
DESCRIPTION
- Open plan offce accommodation
- Ground and first foor WCs
- Gas ?red central heatng
- Full access raised foor
Suspended ceilings with Cat II lighting
SALE NOTES
Prime investment opportunity with the property is let to Giganet from 17th November 2022 for a term of 5 years at a rent of £36,000 per annum exclusive. There is a tenant only break clause on 17th November 2025. Giganet have been in occupation for over 15 years.
- Open plan offce accommodation
- Ground and first foor WCs
- Gas ?red central heatng
- Full access raised foor
- Suspended ceilings with Cat II lighting
8 allocated parking spaces (one in tandem)
Presented by
4400 Parkway - The Belfry
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