Mill Rd - Light Distribution FOR SALE


Totton, HAM SO40 3AE
$1,490,000 USD
Mill Rd, Totton, HAM for Sale
$1,490,000 USD
Light Distribution - FOR SALE
1/3
null | Request Cap Rate

Mill Rd
Totton, HAM SO40 3AE


HIGHLIGHTS

  • Prominent Business Location
  • Solid Transport Links
  • High Eaves

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,490,000 USD

PRICE/SF

$84 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mill House Centre

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1983

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.73

LAND SF

31,999

ZONING

-

APN/PARCEL ID

HP422974

ASK ABOUT THIS PROPERTY

James AllenKeygrove Chartered SurveyorsMore Info

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James AllenKeygrove Chartered SurveyorsMore Info

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