TypeIndustrial Investments
TenureFor sale
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
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.