Romsey – 1 Grove Business Park Let

Grove Business Park, Romsey SO51 0AJ, UK
Bedrooms / Beds

About 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.



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


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.



£11,750 per annum exclusive payable quarterly in advance.



According to verbal enquiries of Test Valley Borough Council (tel: 01264 368000) and, 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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