DESCRIPTION                       

The property is a semi-detached modern industrial/warehouse unit on a site of over 0.8 acres.  The unit is of steel portal frame construction with profile steel cladding and part brick elevation. The unit has the benefit of 6 metres (19'8") minimum eaves height, loading door, two storey office accommodation and substantial secure yard/parking area.

LOCATION

Palmerston Business Park is located approximately one mile south of Fareham Town Centre with access via the A32/A27 (Junction 11) approximately 2 miles away.  The business park is situated opposite New Gate Lane Industrial Estate and close to Speefields Park.

ACCOMMODATION:          

WAREHOUSE/PRODUCTION 13,328 sq.ft. (1,238 sq.metres)

GROUND FLOOR OFFICE 792 sq.ft. (73.5 sq.metres)

FIRST FLOOR OFFICE 913 sq.ft. (84.8 sq.metres)

TOTAL: 15,033 sq.ft. (1,396 sq.metres)

TERMS           

The property is available by way of either assignment of the existing Lease expiring 23^rd June 2016 or on a new sub-Lease at terms to be agreed.

RENT                              

The current passing rent is £90,000 per annum exclusively.

LEGAL COSTS                  

Each party to be responsible for their own legal costs.

RATEABLE VALUE             

The property is assessed for rating purposes on enquiry of the VOA website at Rateable Value £74,500.

VIEWING:                       

Strictly by appointment with the joint agents, Nabarro McAllister & Co or Hellier Langston Commercial Property Consultants, F7 Fareham Heights, Standard Way, Fareham, Hampshire PO16 8XT.  Tel No. 01329 220111.

SUBJECT TO CONTRACT

MISREPRESENTATION CLAUSE

Nabarro McAllister & Co for themselves and for vendors or lessors of this property whose agents they are, give notice that:

1.             The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute nor constitute part of, an offer or contract;

2.             All descriptions, dimensions, reference to condition and necessary permission for use and occupation and other details are given without responsibility and any intending purchasers or tenants should not rely on any statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them;

3.             No person in the employment of Nabarro McAllister & Co has any authority to make or give any representation or warranty whatever in relation to this property.

Regulated by RICS