Light industrial to let in School Lane, Eastleigh SO53

No. 1 School Lane is located at the junction
with Station Lane and therefore close to the
traffic lights with Bournemouth Road. There
are a number of nearby retailers, pubs and
restaurants, added to which the M3 and M27
motorways are within a few minutes driving
time making all parts of the Solent region
and further afield via the national motorway
network, quick and easy to reach. Eastleigh
Parkway / Southampton Airport is at junction
5 of the M27 motorway.

This attractive, end-terraced modern industrial unit is of
part block/brick to a height of about 2.4 metres, above
which there is an insulated and profiled cladding to both
the elevations and roof coverings, the latter of which
incorporate a generous level of natural day-lighting panels.
The eaves heights vary from approximately 4 metres at
rear rising to 5 metres at the front.
The unit was extensively refurbished throughout some 15
months ago and will be vacated in good order.
An up-and-over loading door (3.18 x 4.61 metres) provides
access to the front of the unit, in addition to a glazed
personnel door. A three-phase electric supply has been
installed, as have private toilet facilities. There is parking
for two vehicles on-site.

The unit provides an approximate floor area of:
1,355 square feet (125.88 square metres)
All floor areas are approximate and have been measured in accordance
with RICS Code of Practice on a gross internal basis.

Lease: A new lease will be granted on a full repairing
and insuring basis for a term of no less than
three years. The tenant will be required to
contribute towards the management and
maintenance of the building and estate.
Rent: £16,950 (plus VAT) per annum exclusive
payable quarterly in advance.
Rates: According to the Valuation Office (.
Uk) Store & Premises, the Rateable value will
be £15,500 and therefore the annual rates
payable figure (2024/5) will be £7,734.50.
Prospective tenants may wish to secure
verification.
Occupation: It is anticipated that occupation will be
granted immediate upon completion of all
legal formalities, or sooner by agreement
with the landlords.
Legal costs: Each party will be responsible for their own
legal charges.