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Industrial mixed use property for sale or to let in Southampton

1 2 & 3 Paget Street, Southampton, Hampshire, SO14 5GN
For sale
£2,850,000
To rent
£225,000 p.a.
keygrove-chartered-surveyors
This property is marketed by:
Keygrove Chartered Surveyors

Key features

  • Additional Open Storage / Car parking on neighbouring site
  • Central Southampton Location 
  • First Floor Offices and Workshop with Goods Lift 
  • Potential to Develop 140 Flats STTP

Description

The property comprises a combination of industrial buildings, including workshop, office space, external yard space and separate car park/yard. The offices are high specification with LED lighting, The units are currently arranged for one occupier but could be split to accommodate two tenants. The offices are at first floor level and comprise a combination of open plan and meeting space including kitchen and WC facilities. The offices benefit from cassette air conditioning, central heating, UPVC double glazing, category 2 lighting. They are well maintained and decorated. 

On the ground floor unit 1 includes a pedestrian reception via the under croft parking area, there is a staff kitchen on the ground floor. There is workshop space behind the reception and a staircase to the first floor offices. There is a first floor workshop and WC's on ground and first floor. There is a goods lift serving the first floor workshop. There is a roller shutter door (approx. 3.75 m wide x 3.15 m high). The unit has a maximum eaves height on ground floor of 3.42m (approx.).

Unit 2 & 3 are adjoining warehouses which have a ground floor pedestrian door. Unit 2 has a roller shutter door (3.75m wide x 3.15m high approx) and a concertina door (3.25m wide x 5.85m high approx). There is a minimum eaves of 2.91 m approx on the ground floor. There is a staircase to the first floor offices, male and female WC's and a staff kitchen. Unit 3 has a lowest eaves height of 3.24m on the ground floor. The concertina door is 5.5m wide x 4.1m high (approx.) The access to the first floor is via Unit 1 or 2. 

There is yard space to the front of the property some of which is fenced and there is an adjacent car park of 0.37 acres. 

The property is the subject of a Pre-App submission for 140 homes which has been positively received by the Local Planning Authority (Southampton City Council).

  • Additional Open Storage / Car parking on neighbouring site
  • Central Southampton Location 
  • First Floor Offices and Workshop with Goods Lift 
  • Potential to Develop 140 Flats STTP

Size: 3,855 - 22,747 sq ft (358.13 - 2,113.2 sq m)

Terms

Offers are invited for the freehold of the entire premises for £2,850,000. Overage may be payable.

The premises may be available on a new full repairing and insuring lease at an initial rent of £225,000 per annum exclusive.

Rates

We recommend that prospective purchasers verify the rates with the Valuation Office.

VAT

We are advised that VAT will be payable.


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