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The Sawmills

1,877 SF Office Unit Offered at £395,000 in Southampton SO32 2EJ

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Investment Highlights

Neighbouring occupiers include Highfield Professional Solutions, R & L Lancefield, BRICS Development, IDS Media UK
Connectivity via Junction 7 of the M27

10 car parking spaces

Executive Summary

4 Mill Court comprises a 2-storey terraced office building of traditional brick construction under a pitched slate covered roof. The village is easily accessible from Southampton, Portsmouth, Winchester and Bournemouth.

Property Facts

Price	£395,000	Building Class	B
Unit Size	1,877 SF	Number of Floors	2
No. Units	1	Typical Floor Size	8,006 SF
Total Building Size	13,800 SF	Year Built	2005
Property Type	Office (Unit)	Lot Size	0.34 AC
Sale Type	Investment	Parking Ratio	2.03/1,000 SF

Price	£395,000
Unit Size	1,877 SF
No. Units	1
Total Building Size	13,800 SF
Property Type	Office (Unit)
Sale Type	Investment
Building Class	B
Number of Floors	2
Typical Floor Size	8,006 SF
Year Built	2005
Lot Size	0.34 AC
Parking Ratio	2.03/1,000 SF

1 Unit Available

Unit Unit 4

Unit Size	1,877 SF	Unit Use	Office
Price	£395,000	Sale Type	Investment
Price Per SF	£210.44	Tenure	Freehold

Unit Size	1,877 SF
Price	£395,000
Price Per SF	£210.44
Unit Use	Office
Sale Type	Investment
Tenure	Freehold

Description

The property offers a range of open plan and private suites over ground and first floors with amenities including Velux windows, LED lighting, carpeting, gas central heating, perimeter trunking, part airconditioning cassettes plus kitchenette and WC facilities.

Sale Notes

Freehold sale with vacant possession of the first floor, plus the existing lease on the ground floor suite. Breheny Civil Engineering Ltd hold a 10 year effective FRI lease by way of service charge excluded from the Security of Tenure rovisions of the Landlord & Tenant Act 1954 Part II (as amended). The lease runs from September 2022 and incorporates an upwards only rent review and tenant only break option in the 5th year. The passing rent equates to £17,000 pax.