To Let
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SO14
Unit 5 The Crosshouse Centre, Southampton
Available
Available
For Sale
Square foot size
3823
Unit 5 The Crosshouse Centre, Southampton
£400,000
Unit 5 The Crosshouse Centre, Southampton, SO14 5GZ
- 9 Car Parking Spaces
- Secure, gated estate
- Established industrial area
- Let to Tecnoseal UK Ltd
- 6 year FRI lease granted from 30/08/2023
- Price – £400,000 exclusive
- A purchase at this level reflects a Net Initial Yield of 7.2% assuming usual purchasers costs of 4.17%
Freehold Industrial Investment Opportunity
The property is an end of terrace light industrial unit, of corrugated pressed steel clad and blockwork elevations with the steel sheeting continuing across the roof, and is arranged as an office and workshop with ancillary facilities and 9 allocated car parking spaces. The ground floor comprises office space, a workshop, kitchenette, WCs and various ancillary cupboards. On the first floor there is a large mezzanine, further office space, storage and WCs. The unit is accessed via a 4m wide up and over door for vehicular access with a minimum head height of approximately 2m.
To the front of the property is a tarmacadam-surfaced car park. The property is accessed via a shared gated access from the public highway (Crosshouse Road).
Southampton
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