For Sale

INVESTMENT PROPERTY Expected to produce total gross income of circa £466,500 per annum Site measures approximately 2.9 acres (1.16 ha) 130 20ft containers included within sale Planning consent for additional units Potential to regear leases REF 590764. Property, Offers Over £4,500,000 Southampton

£4,500,000

ID:

590764

Listed:  18/10/2024
Tenure:  Freehold

Details

INVESTMENT PROPERTY in Southampton for Sale.

Swanmore Business Park comprises a freehold site totalling approximately 2.9 acres (1.16 ha). A mixture of industrial units / workshops, open storage land and containers are situated on site which are expected to produce a gross total income of circa £466,500 per annum exclusive. The site currently has 130 containers located on site which will be included within the sale of the park. The site benefits from planning consent for additional units and in our view provides a range of asset management opportunities to increase the cash flow of the site including, regearing leases, increasing overall site coverage and double stacking of containers (subject to all necessary consents and approvals being obtained).

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Sold by Ernest Wilson

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