Swanmore Business Park
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Swanmore Business Park
2 Industrial Properties Offered at £4,500,000 in Southampton
Investment Highlights
- Site Measures Approximately 2.9 acres (1.16 ha)
- Swanmore Business Park is located on the south coast a short drive from the regional ports and commercial centres of Southampton and Portsmouth.
- A mixture of industrial units/ workshops, open storage land and containers are situated on site
- Potential for Further Asset Management Opportunities
- The site is situated in a semi-rural position, just outside of the South Downs National Park between the town and villages of Bishop Waltham, Swanmore
Executive Summary
Swanmore Business Park comprises a freehold site totalling approximately 2.9 acres (1.16 ha). A mixture of industrial units/ workshops, open storage land and containers are situated on site which are expected to produce a gross total income of c. £466,500 per annum exclusive (see schedule below). The site currently has 130 containers located on site which will be included within the sale of the park. Swanmore Business Park is available to purchase freehold and subject to the occupational leases at a guide price of Offers In Excess Of £4,500,000 exclusive. This would reflect a gross yield of 10.4% at a purchase price of £4,500,000 and with Units 19 & 20 let (due in Jan 25). It is anticipated that the sale would be treated as a Transfer of a Going Concern (TOGC).
Property Facts
| Price | £4,500,000 | Number of Properties | 2 |
| Price / SF | £238.85 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 18,840 SF |
| Status | Active | Total Land Area | 5.80 AC |
| Price | £4,500,000 |
| Price / SF | £238.85 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 18,840 SF |
| Total Land Area | 5.80 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| Unit 16 Lower Chase Rd, Southampton SO32 2PB | Industrial | 10,210 SF | 1990 | - |
| Swanmore Rd, Southampton SO32 2LJ | Industrial | 8,630 SF | 1960 | - |
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