1500 sq. ft (139.25 m²)
Description
This recently built end terraced unit is located on the well landscaped Manor Nurseries, which is situated on the southern outskirts of Timsbury, fronting the busy A3057, approximately mid-way between the thriving market town of Romsey and Stockbridge to the north.
The M27 motorway (junctions 2 and 3) is within an easy fifteen minutes’ driving distance, thus allowing easy access to the Solent Region and further afield via the M.3 and national motorway network, Southampton Airport and Eastleigh Parkway mainline railway station.
The unit will undergo full refurbishment, together with the installation of a mezzanine floor - if required.
The unit will have toilets, a kitchenette and a full height upand-over loading door, together with a separate personnel door.
There will be 4 parking spaces allocated at the front of the unit plus overflow for visitors.
1,000 or 1,500 square feet (with mezzanine) / 92.90/139.35 sq. metres)
All floor areas are approximate and have been measured in accordance with RICS Code of Practice on a gross internal basis.
TERMS
Lease: A new lease will be granted for a term by agreement, no less than 3 years. The tenant will be required to contribute towards the management, maintenance and insurance of the building, terms on request.
Rent: £1,250 per month / £15,000 per annum, or £1,500 per month / £18,000 per annum with mezzanine floor installed, payable quarterly in advance plus VAT, if applicable.
Rates: We understand the Rateable Value (RV) is £10,500. If so, potential occupiers may benefit from partial or zero rates payable as the RV is
less than £15,000, if these would also be the occupiers’ sole business premises. However,
potential tenants may wish to contact Test Valley Borough Council (tel: 01264 368000) to verify the current RV and payable figure.
Occupation: June / July 2025, possibly sooner by agreement.
Legal Costs: Each party will be responsible for their own legal costs.
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Newton Scott, as commercial property agents and consultants based in Southampton, has been successfully providing independent property advice throughout Southern England since 1989.