3 WEST QUAY ROAD, SOUTHAMPTON, HAMPSHIRE ......DISTRIBUTION CENTRE T: 023 8082 0900 vailwilliams.com...

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T: 023 8082 0900 vailwilliams.com 3 WEST QUAY ROAD, SOUTHAMPTON, HAMPSHIRE SO15 1RE 58,920 sq ft GIA plus 33,629 sq ft mezzanines DISTRIBUTION CENTRE TO LET KEY FEATURES Secure Site City Centre, close to docks Dock loading Mezzanine floors

Transcript of 3 WEST QUAY ROAD, SOUTHAMPTON, HAMPSHIRE ......DISTRIBUTION CENTRE T: 023 8082 0900 vailwilliams.com...

Page 1: 3 WEST QUAY ROAD, SOUTHAMPTON, HAMPSHIRE ......DISTRIBUTION CENTRE T: 023 8082 0900 vailwilliams.com 3 WEST QUAY ROAD, SOUTHAMPTON, HAMPSHIRE SO15 1RE 58,920 sq ft GIA plus 33,629

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3 WEST QUAY ROAD, SOUTHAMPTON, HAMPSHIRE SO15 1RE

58,920 sq ft GIA plus 33,629 sq ft mezzanines

DISTRIBUTION CENTRE

TO LET KEY FEATURES

• Secure Site

• City Centre, close to docks

• Dock loading

• Mezzanine floors

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3 WEST QUAY ROAD, SOUTHAMPTON, HAMPSHIRE SO15 1RE

LOCATION

The property is located off West Quay Road sharing an estate entrance with the popular and established City Industrial Estate, next to Howdeans, Toolstation, Autoglass and Wickes. The building fronts West Quay Road and is situated next door to Leisure World and diagonally opposite to Ikea. Access to Southampton docks is very good together with connection to the M27/M3 via the A33 and M275.

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3 WEST QUAY ROAD, SOUTHAMPTON, HAMPSHIRE SO15 1RE

DESCRIPTION The property comprises a detached warehouse prominently positioned on West Quay Road set in a secure self-contained site. The building has been the John Lewis (Tyrrell and Green) Distribution Centre since the 1980s, who are relocating early Spring 2019. The building is of steel frame construction with two principal bays with a central column line. The building is clad with steel profile cladding under a pitched steel profile insulated roof with approximately 10% natural roof lights. There is a single storey flat roofed office/ancillary block connected to the warehouse. The warehouse has an elevation of 7 tailgate loading bays and 1 ground level and a front elevation of 6 tailgate loading bays. The warehouse floor has a raised platform serving the loading bays. The building has an approximate 6 metre eaves height and contains mezzanine floors, one of which is constructed with double deck racking. Externally there are surfaced yards for loading and car parking for approximately 53 cars. There is an above ground diesel tank and sprinkler tank.

TERMS A new 3 year full repairing and insuring lease with mutual break options after the first 12 months of occupation, subject to 6 months prior written notice at any time, contracted outside of the Landlord & Tenant 1954.

RENT £378,600 per annum, exclusive of estate service charge, business rates and VAT.

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3 WEST QUAY ROAD, SOUTHAMPTON, HAMPSHIRE SO15 1RE

SCHEDULE OF AREAS (APPROX. GIA)

The property has been measured using RICS Code of measuring practice to Gross Internal Area.

Description ft2 m2

Ground Floor Warehouse 49,615 4,609.43

Ground Floor

Office/Staff/Ancillary 9,304 864.39

Total Approximate GIA 58,912 5,473.81

Main Rear Mezzanine 7,256 674.06

First Floor Racking/Mezzanine 11,455 1,064.25

Second Floor Mezzanine/Racking 11,455 1,064.25

Mezzanine Front 305 28.31

Mezzanine Front 2,268 210.72

Mezzanine Front 890 82.68

Total Mezzanine Areas 33,629 3,124.28

Total GIA including Mezzanines 92,549 8,598.09

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3 WEST QUAY ROAD, SOUTHAMPTON, HAMPSHIRE SO15 1RE

BUSINESS RATES The rateable value referred to is Tyrrell and Green, Unit A, West Quay Road, Southampton. Valuation scheme reference 315237 is assessed at £275,000 and the current rate in the pound is 49.3p providing rates payable of £135,575 per annum exclusive. It is strongly advised you satisfy your-self with the rates payable directly with the Local Authority.

SERVICES Vail Williams LLP has not checked and does not accept responsibility for any of the services within this property and would suggest that any in-going tenant or occupier satisfies themselves in this regard.

VIEWING Strictly by appointment of Vail Williams.

CONTACT Russell Mogridge

CONTACT Russell Mogridge Vail Williams LLP Tel: 07815 737175 Email: [email protected] Alex Gauntlett Vail Williams LLP Tel: 07584 657826 Email: [email protected]

Misrepresentation Act 1967 – Vail Williams for themselves and for the vendors or lessors of this property, whose agents they are, give notice that: 1. The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute nor constitute part of an offer or contract. 2. All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 3. No person in the employment of Vail Williams has any authority to make any representation or warranty whatsoever in relation to this property. Finance Act 1989 – Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (V.A.T.). Any intending purchasers or lessees must satisfy themselves independently as to the incidence of V.A.T. in respect of any transaction.

Birmingham Crawley Woking Heathrow London Portsmouth Southampton Thames Valley Vail Williams LLP, a Limited Liability Partnership, registered in England (number OC319702). Registered Office: 550 Thames Valley Park, Reading, Berkshire RG6 1PT. Any reference to a Partner means a Member of Vail Williams LLP or an employee or consultant with equivalent standing and qualifications. A full list of Members is open for inspection at the registered office. Regulated by RICS.

Our Services: Acquisition & Disposal, Building Consultancy, Corporate Real Estate, Development Consultancy, Investment and Funding, Leasing Advisory, LPA Receivership, Planning Consultancy, Property Asset Management, Rating, Valuation

SUBJECT TO CONTRACT November 2018