£183,284 pa

Light industrial to let

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£183,284 pa

(£9.50/sq. ft. pa)

Light industrial to let

Millbank Street, Southampton, Hampshire SO14

19,293 sq. ft

Local area information

Property location

Nearby amenities

  • Fitrah Sips 0.3 miles
  • Maytree Nursery and Infants' School 0.4 miles
  • Bitterne 0.7 miles
  • Woolston 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Southampton to find out more about the local area.

Features and description

  • To Let - detached industrial unit with gated yard
  • Quoting rent - £9.50 per square foot exclusive
  • 19,293 sq. Ft. / 1,792 sq. M. Gia
  • Recently renovated
  • New roof
  • Concrete floor
  • Three phase electricity
  • 5 Full height roller shutter loading doors
  • 2 tailgate roller shutter loading doors
  • External yard approximately 7,400 sq. Ft. / 687 sq. M.
Available to lease with immediate effect - recently-renovated c. 20,000 sq ft light industrial unit with secure, gated yard in Northam, just 1 mile from Southampton Docks.

16 Millbank Street comprises a recently-renovated detached warehouse of steel portal frame construction with brick elevations, partially clad in profiled steel cladding under a new pitched roof with in-built skylights and providing clear span accommodation. Access is via a pedestrian doorway plus 5 full height loading doors plus two tailgate loading doors. Amenities within the warehouse include a solid concrete floor and three phase electricity. An external canopy provides a covered loading area of approximately 2,200 sq ft to 3 of the full height shutters plus the tailgate loading doors.
Situation

The warehouse is prominently located on Millbank Street, Northam, a busy road leading into Southampton city centre. Northam is an established industrial and marine location, as well as attracting a number of trade operators. Elliott Builders Merchants are adjacent to the property with South Coast Building Supplies, Magnet and Speedy Hire all close by. The location benefits from good access to Ocean Village and its marina, the city centre and the docks are all within a mile. Motorway connections are in close proximity as below:

J3 M27
- 5.5 miles to the west

J5 M27 - 4.4 miles to the north

J7 M27 - 4.5 miles to the east

Accommodation

A measured survey has been undertaken which identified the following approximate gia:

Warehouse Sq. Ft. Sq. M.
Main unit 15,465.7 1,436.8
Raised loading floor 3,045.1 282.9
Undercroft 782.5 72.7
Total gia 19,293.3 1,792.4
Tenure

Available on a new full repairing and insuring lease on terms to be agreed, at a quoting rent of £9.50 per square foot (£183,283.50 pa) plus VAT.
Rateable value

To be re-assessed by the Valuation Office Agency, the estimated rv is £60,000. Interested parties should always make their own enquiries into business rates.
EPC rating

Rated C (68) under certificate reference which is valid until 28th January 2031.
Legal costs and VAT

Each party is expected to bear their own legal costs in any transaction.

The unit is elected for VAT purposes.
Viewings

All enquiries and appointments to view must be made through the sole agents Trinity Rose Commercial on or by emailing

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Trinity Rose Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Trinity Rose Commercial for full details and further information.

  1. Zoopla
  2. Commercial to let
  3. Southampton
  4. Southampton City Centre
  5. Millbank Street