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Mill House Centre Mill Rd 17,727 sq ft 97% Let Light Industrial Property Totton SO40 3AE £1,490,000 (£84.05/sq ft)

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INVESTMENT HIGHLIGHTS

  • Prominent Business Location
  • High Eaves
  • Solid Transport Links

EXECUTIVE SUMMARY

The property comprises two industrial warehouses and an office. The industrial warehouses are let on standard leases and the multitenanted offices are let on 12 month licences as serviced offices. Mill House is a 3 storey brick built office building which has been converted to provide 17 small office suites of varying sizes. There are
a number of different business occupiers on 12 month tenancies. The building has a new roof and benefits from Solar PV. Unit 2 is let to Turbo Services International, it is an industrial building. There are 5 car parking spaces outside the unit and additional parking is available in the overflow car parking. The property roof has been underclad, the building is partially clad in corrugated metal sheeting. Unit 3 is let to MKG Southampton Limited the loading access for this unit is directly off Mill Road. The property has been recently reroofed.

PROPERTY FACTS Sale Pending

Price £1,490,000
Price per sq ft £84.05
Sale Type Investment
Tenure Freehold
Property Type Light Industrial
Property Subtype Light Distribution
Costar Property Class C
Total Plot Size 0.73 ac
Net Internal Area (NIA) 17,727 sq ft
No. Floors 4
Year Built 1983
Parking Allocation 0.51/1,000 sq ft

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • Ground-Ste G2
  • 101 sq ft
  • Office
  • Partial Fit-Out
  • Now

Available at a rent of £3,000 per annum inclusive of utilities rates, business rates, and service charge.

  • Ground-Ste G5
  • 408 sq ft
  • Office
  • Partial Fit-Out
  • Now

Available at a rent of £10,200 per annum inclusive of utilities rates, business rates, and service charge.

Space Size Space Use Condition Available
Ground-Ste G2 101 sq ft Office Partial Fit-Out Now
Ground-Ste G5 408 sq ft Office Partial Fit-Out Now

Ground-Ste G2

Size
101 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

Ground-Ste G5

Size
408 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

Ground-Ste G2

Size 101 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

Available at a rent of £3,000 per annum inclusive of utilities rates, business rates, and service charge.

Ground-Ste G5

Size 408 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

Available at a rent of £10,200 per annum inclusive of utilities rates, business rates, and service charge.

  • Listing ID: 34076923

  • Date on Market: 04/12/2024

  • Last Updated:

  • Address: Mill Rd, Totton SO40 3AE

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