Description
Details -
LOCATION
Seddul Bahr Industrial Estate is situated in a semi-rural location off Allington Lane which links the A27 (1.4 miles) to the south at West End (near Haskins Garden Centre) and Fair Oak (2.3 miles) to the north. J5 M27 (Eastleigh) lies within 3.8 miles to the west and J7 M27 (Hedge End) just 2.8 miles to the south.
DESCRIPTION
The Estate provides a range of small lock-up workshop/ storage units of varying sizes each with its own roller shutter door. Some units have 3-phase electricity, most have single phase. There is parking to the front of the units. Additional parking is available on the site, if required. Office suites are also available to let.
Accommodation & Rents
Approximate Gross Internal Areas
Unit No. Sq M Sq Ft Rent (pcm)
8A 43.77 471 £550 + VAT
8C 34.70 374 £550 + VAT
D/E 112.90 1,215 £1,500 + VAT (may split)
13 57.99 624 £750 + VAT
16 56.56 609 £750 + VAT
SERVICES
Electricity: Single phase electricity is supplied to most units and sub-metered via a landlord’s supply. Some units have 3-phase and are separately metered. Water is available on the site. There is a communal wc block with ladies and gents wcs.
TERMS
The units are available on flexible occupational leases.
OUTGOINGS
Business Rates
Unit 8A: Rateable Value £4,900
Unit 8C: Rateable Value £4,900
Unit 7E: Rateable Value £5,800
Unit D: Rateable Value £6,800
Unit E: Rateable Value £6,800
Unit 13: Rateable Value £7,100
Unit 16: Rateable Value £6,700
The Small Business Rate Multiplier for the year 2024/25 is 49.9p in the £. However, where the Rateable Value is less than £12,000, qualifying occupiers may claim Small Business Rate Relief (currently 100%) and therefore no rates will be payable.
LEGAL COSTS
A fee of £360 is payable towards the landlord’s costs of setting up the agreement.
SERVICE CHARGE
A monthly Estate service charge of £50 plus VAT is payable.
PLANNING
Prospective tenants must satisfy themselves as to the permitted planning uses for the property.
OTHER
Financial and accountancy references may be sought by the landlord from any prospective tenant prior to agreement.
VIEWING
Strictly by appointment only
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