Romsey – 1 Grove Business Park Let
Grove Business Park, Romsey SO51 0AJ, UKAbout this listing
The unit benefits from clear space, having no pillars or partitions, thus providing maximum flexibility, all under a single pitch corrugated roof having a minimum eaves height of 16/6” (5.07 metres), rising to 20/10” (6.4 metres).
There is a full height roller-shutter loading door (12/6” wide, 13’ tall), in addition to high bay lighting, and three phase electrics. A small office area has been installed at the front of the unit. There is forecourt parking for three to four cars.
There is a toilet and kitchenette block directly opposite the premises.
Prices
Location
The premises are located on the long
This retail unit is located on the south si
established Budds Lane Industrial Estate,
the junctions of Cumberland Place/Hav
being to the north of the town centre and
the Mayflower Theatre, the mainline rail
approached via the main Stockbridge/
substantial office buildings and blocks o
ACnditoyvceer nRtroeadsh(oAp3p0i5n7g),Mjuasllts osvuecrhhaslf Maarl
mile from the town centre.
Access to the M.27 (junction 3) via M
The M.27 motorway (junctions 2 and 3) is
minutes driving distance, allowing all p
within about a ten minutes driving distance,
further afield via the M.3 and national m
thus allowing easy access to all parts of thPelaSnonleinngt cRoengsioen,tSisouetxhpaemcptetodntoAirbpeoratpp anSdtudEeanstleiagchcoPmarmkwoadyatimonainblinueildrianiglwathy at
facilities such as the subject premises.
station (junction 5), and further afield via the national motorway network
Lease Terms
Lease:
A new lease will be granted on a full repairing and insuring basis for a term of ideally no less than three years. The tenant will be required to contribute towards the management and maintenance of the building and estate, terms on request.
Rent:
£11,750 per annum exclusive payable quarterly in advance.
Rates:
According to verbal enquiries of Test Valley Borough Council (tel: 01264 368000) and Voa.gov.uk, the Rateable value is £9,200.00, and therefore the annual rates payable figure will be £4,517.20 for the year commencing April 2019. Prospective tenants may wish to contact the Council for verification.
However, as the RV is less than £15,000 the new occupier may be able to claim Small Business Relief which could be as much as 100%.
Legal Costs:
The ingoing tenant will be required to contribute towards the landlord’s reasonable legal costs.
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