TypeIndustrial Investments

PO7 Unit 4, Stratfield Park, Elettra Avenue, Waterlooville

TenureFor sale

Unit 4, Stratfield Park, Elettra Avenue, Waterlooville, PO71/7

Specification

Building size
Building size2,468sqft
Property type
Property typeIndustrial Investments
Tenure
TenureFor sale

Description

The property comprises an end-of-terrace, two-storey business unit of steel-frame construction, with part-brick and part-profiled-steel elevations beneath a pitched profiled-steel roof.

A full-height glazed curtain wall to the side elevation provides a prominent and distinctive frontage.

The ground floor provides workshop/warehouse accommodation together with circulation space, an office and storage, with separate pedestrian and loading access from the front elevation.

The first floor provides four office areas, a server room, a fitted kitchen and additional WC facilities.

229.34 sq. m (2,468 sq. ft)

Attractive Gross Initial Yiled of 7.79%

Strong covenant and 3+ years term certain

Loading door approximately 3.00 m wide × 2.42 m high

Three-phase 100-amp power supply

Intruder alarm

Gas central heating with perimeter radiators

Air conditioning to office areas

Suspended ceilings and inset lighting

Ground-floor WC and accessible WC, plus two first-floor WCs

Location

Occupying a strong location, Waterlooville lies approximately 8 miles north of Portsmouth. Stratfield Park is an established, landscaped commercial estate of approximately 20 units, accessed from Elettra Avenue and situated around 1.7 miles west of Junction 3 of the A3(M).

The A3(M) connects with the A27 and M27, providing convenient access to Portsmouth, Southampton, the wider South Coast and London. Nearby occupiers and amenities include car dealerships, Lidl, McDonald's and Pipers Wood Industrial Estate.

Waterlooville and the surrounding area have experienced an influx of residential and commercial development in recent years including Proxima Park providing up to 126,500 sq. ft of industrial /warehouse accommodation plus Waterloo Park providing an Aldi food store and Cost Coffee and KFC Drive-thru.

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