Unit C5 Cairo Place

For Sale

Price: £500,000

Media

EPC EPC

Contact

James West

Tel: 02392 377800

Mobile: 07415438230

Email: James@hi-m.co.uk

Key Features

Description

The property has 2 floors, rented to individual tenants. Both floors consist of office with ancillary storage, toilets, a kitchenette, and partitioned meeting rooms. The ground floor has benefit of the rear loading area, in addition.

The property has 7 parking spaces on the estate, with rear loading area.

Location

Unit C5 is situated within Havant a town forming part of the south coast conurbation between Southampton and Portsmouth. Nearby occupiers include Kahrs, IVL Leasing, Compass Contract Hire and Motorent. The property benefits from excellent transport communications with the property in easy access of A27 providing access to the national motorway network. Havant train station is situated 1.7 miles away by car.

Terms

Freehold available at a price of £500,000, subject to the following leases, ground floor let to Bollscar Builders Limited who took a 5 year lease with no break or rent review from March 2023; and the first floor let to Keel Marine Limited on a 10 year lease, with a break and rent review in 2027. The equated rent comes to £37,000 per annum.

Business Rates

Ground floor – £20,000 First Floor – £16,500 Source: VOA You are advised to make your own enquiries with the local council on these figures and possible fees.

Other Costs

Legal Costs – Each party to be responsible for their own legal costs. VAT – The property is elected for VAT

Available Area

Name	Sq Ft	Sq M	Rent	Availability
G -	1,946	-	-	Available
1st -	1,945	-	-	Available

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Unit C5 Cairo Place

Media

Contact

Key Features

Description

Location

Terms

Business Rates

Other Costs

Available Area

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Portsmouth

Southampton

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