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Penner Rd 3,891 SF Industrial Condo Unit Offered at $666,196 in Havant PO9 1QY



INVESTMENT HIGHLIGHTS
- Modern Unit
- Excellent Transport Communications (A27)
- Air Conditioning
- Established Position
- 7 Allocated Parking Spaces
EXECUTIVE SUMMARY
Unit C5 is situated within Havant a town forming part of the south coast conurbation between Southampton and Portsmouth. Nearby occupiers include Kahrs, IVL Leasing, Compass Contract Hire and Motorent. The property benefits from excellent transport communications with the property in easy access of A27 providing access to the national motorway network. Havant train station is situated 1.7 miles away by car.
PROPERTY FACTS
| Total Building Size | 20,959 SF | Typical Floor Size | 14,272 SF |
| Property Type | Industrial (Condo) | Year Built | 2008 |
| Property Subtype | Warehouse | Lot Size | 0.54 AC |
| Building Class | B | Parking Ratio | 0.33/1,000 SF |
| Floors | 2 |
| Total Building Size | 20,959 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 14,272 SF |
| Year Built | 2008 |
| Lot Size | 0.54 AC |
| Parking Ratio | 0.33/1,000 SF |
AMENITIES
- Security System
- Accent Lighting
- Energy Performance Rating - C
- Automatic Blinds
- Air Conditioning
UTILITIES
- Lighting - Sodium
- Gas
- Water
- Sewer
- Heating
1 UNIT AVAILABLE
Unit C5
| Unit Size | 3,891 SF | Sale Type | Investment |
| Price | $666,196 | Tenure | Freehold |
| Price Per SF | $171.21 | No. Parking Spaces | 7 |
| Condo Use | Industrial |
| Unit Size | 3,891 SF |
| Price | $666,196 |
| Price Per SF | $171.21 |
| Condo Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Parking Spaces | 7 |
DESCRIPTION
The property has 2 floors, rented to individual tenants. Both floors consist of
office with ancillary storage, toilets, a kitchenette, and partitioned meeting
rooms. The ground floor has benefit of the rear loading area, in addition.
The property has 7 parking spaces on the estate, with rear loading area.
SALE NOTES
Freehold available at a price of £500,000, subject to the following leases, ground floor let to Bollscar Builders Limited who took a 5 year lease with no break or rent review from March 2023; and the first floor let to Keel Marine Limited on a 10 year lease, with a break and rent review in 2027. The equated rent comes to £37,000 per annum.
Interior
Interior
Interior
Presented by
Penner Rd
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