Mill House Centre Mill Rd 17,727 SF 100% Leased Flex Building Totton SO40 3AE £1,490,000 (£84.05/SF)

INVESTMENT HIGHLIGHTS

  • Prominent Business Location
  • High Eaves
  • Solid Transport Links

EXECUTIVE SUMMARY

The property comprises two industrial warehouses and an office. The industrial warehouses are let on standard leases and the multitenanted offices are let on 12 month licences as serviced offices. Mill House is a 3 storey brick built office building which has been converted to provide 17 small office suites of varying sizes. There are
a number of different business occupiers on 12 month tenancies. The building has a new roof and benefits from Solar PV. Unit 2 is let to Turbo Services International, it is an industrial building. There are 5 car parking spaces outside the unit and additional parking is available in the overflow car parking. The property roof has been underclad, the building is partially clad in corrugated metal sheeting. Unit 3 is let to MKG Southampton Limited the loading access for this unit is directly off Mill Road. The property has been recently reroofed.

ATTACHMENTS

Brochure

PROPERTY FACTS Sale Pending

Price £1,490,000
Price Per SF £84.05
Sale Type Investment
Tenure Freehold
Property Type Flex
Property Subtype Light Distribution
Building Class C
Lot Size 0.73 AC
Rentable Building Area 17,727 SF
Number of Floors 4
Year Built 1983
Parking Ratio 0.51/1,000 SF
  • Listing ID: 34076923

  • Date on Market: 04/12/2024

  • Last Updated:

  • Address: Mill Rd, Totton SO40 3AE