WINCHESTER 45 Jewry Street Winchester Hampshire SO23 8RY t: 01962 869 667 f: 01962 856817 INVESTMENTS goadsby.com UPON THE INSTRUCTIONS OF LPA RECIEVER RETAIL/OFFICE AND WAREHOUSE BUILDING TOTAL FLOOR AREA 1,226.72 SQ M (13,200 SQ FT) WILL BE OF INTEREST TO DEVELOPERS, OWNER OCCUPIERS OR INVESTORS TRADEMARK HOUSE, RAMSHILL, PETERSFIELD, HAMPSHIRE GU31 4AT Southampton t: 023 8022 7337 Bournemouth t: 01202 550000 These particulars are believed to be correct, but their accuracy is not guaranteed and they do not constitute an offer or contract. STRICTLY SUBJECT TO CONTRACT, ALL MEASUREMENTS APPROXIMATE Agents Note: At no time have we undertaken a structural survey and services have not been tested. Interested parties should satisfy themselves as necessary, as to the structural integrity of the premises and condition/working order of services, plant or equipment. Chartered Surveyors Valuer and Agents Building Consultancy Property Management Public Sector Town Planning
PROPERTY CONSIDERATIONS Quality brick built headquarters style building Prominent roadside location Easily accessible from the A3, approximately 56 miles from Central London with improving access from the recently constructed Hindhead Tunnel opening in July 2011 Waterloo approximately 1 hour and 10 minutes by train Affluent commuter market town Of interest to owner occupiers, investors and developers Part income producing LOCATION The property is situated in close proximity to the busy town centre of Petersfield, an affluent historic market town located to the north of the South Downs (soon to be given National Park status) in East Hampshire. Petersfield is approximately 18 miles north east of Portsmouth situated just off the A3, being the main Portsmouth to London trunk road and has a mainline railway station which provides direct services to Portsmouth and London s Waterloo station (approx. journey time 1 hour and 10 minutes). DESCRIPTION The major part of the property comprises a high bay warehouse extending to approximately 946.72 sq m with ancillary offices and storage extending to 140 sq m. To the front of the property, prominently fronting Ramshill is a retail unit which currently trades as a beauty therapist which we believe has an internal area of 140 sq m. The whole property therefore extends to a total size of 1,226.72 sq m (13,200 sq ft). The warehouse element of the property has the benefit of high eaves which has been utilised to create additional mezzanine storage with a full height roller shutter doors assisting goods access. Externally the property has the benefit of 33 car parking spaces marked out to the rear of the building and use of a further 14 on the land adjacent to the Eastern flank of the property which is outside the freehold title, however we understand the property enjoys exclusive use of this land, thus creating an excellent ratio of parking to floor area. ACCOMMODATION The accommodation with approximate areas and dimensions is arranged as follows:- Retail Premises Gross Internal Area 140 sq m (1,506 sq ft) Warehouse Gross Internal Area 946.72 sq m (10,187 sq ft) Ancillary Offices & Storage Gross Internal Area 140 sq m (1,506.4 sq ft) Net Internal Area 97.67 sq m (1,051 sq ft) TOTAL GROSS AREA 1,226.72 SQ M (13,200 SQ FT) There is additional storage accommodation at first floor level extending to 649.37 sq m (6,987 sq ft) to which we have applied a nominal rate.
PLANNING We understand that the main warehouse with associated ancillary accommodation has a B1(c) light industrial use subject to a working hour restriction between 8.00am to 7.30pm Monday to Friday s and 8.00am to 1.00pm on Saturday s which puts limits upon the use of machinery and times of deliveries. The retail unit at the front of the property we understand has an A1 consent. INTERESTED PARTIES ARE STRONGLY ADVISED TO CARRY OUT THEIR OWN INVESTIGATIONS IN RESPECT OF PLANNING DIRECT TO EAST HAMPSHIRE DISTRICT COUNCIL PROPOSALS Unconditional offers are sought on either of the following scenarios: REDEVELOPMENT Historically the property has been of interest to residential/commercial developers and we believe that the property lends itself to redevelopment (subject to planning) which could take the form of subdividing the existing building to create a terrace of smaller units. Alternatively we believe that a scheme could be devised where the front of the property which contains the hairdresser could be retained, with a residential development taking place on the land to the rear, currently occupied by the warehouse building. However interested parties need to be aware of restrictions over use and access as set out on the attached plan where the hatched area indicates land outside of our client s title. FOR OWNER OCCUPATION The majority of tenants within the building are holding over and therefore (with the exception of Elancé Ltd which has a further 10 years to run on their lease) the building to be sold substantially with vacant possession. TENURE FREEHOLD, leaving aside the hatched area on the attached plan over which a right of way providing access to the property and parking along the eastern flank of the building exists. GUIDE PRICE 720,000. VAT We are informed that the property has been elected for VAT (Value Added Tax) and therefore VAT will be payable on the purchase price unless carried out as a T.O.G.C. (Transfer of Going Concern). VIEWING Strictly and only by prior appointment through the joint sole agents Goadsby 01962 869 667, through whom all negotiations must be conducted. Allan Pickering Tel: 01962 869667 allan.pickering@goadsby.com
IMPORTANT SUBJECT TO CONTRACT IDENTIFICATION Under Money Laundering Regulations, we are obliged to verify the identity of a proposed tenant or purchaser prior to instructing solicitors. This is to help combat fraud and money laundering and the requirements are contained in statute. A form will be sent to the proposed tenant/purchaser once terms have been agreed.
FOR IDENTIFICATION PURPOSES ONLY