- Floor area 5,146 sq. ft
- Situated on an established industrial estate with wide access roads
- 15 year lease granted from October 2016
- Internal minimum roof height of 5M
- Full height loading door
- 6-7 parking spaces
- Good loading access and parking within the road
- Lpg heating
Redfields Park is situated on the east side of Redfields Lane, Church Crookham, about two miles south of Fleet. The Park is easily accessed from junctions 4,4A & 5 of the M3 motorway. From Fleet, there are fast and frequent train services to London (Waterloo), the best journey time in approximately 35 minutes. Farnborough airport is an approximate 10 minute drive.
The unit internally is almost square in shape, and has a full height loading door, a minimum ceiling height of 5m under the roofing steels, further features include fluorescent lighting, lpg heating and a storage mezzanine floor.
Accommodation (Approximate floor areas below)
Ground Floor Industrial 5,146 ftÂ² 478.12 mÂ²
Mezzanine Floor 929 ftÂ² 86.31 mÂ²
total area 6,075 ftÂ² 546.43 mÂ²
Approximately 6-7 parking spaces.
The property has been let to On Air Dining Limited for a term of 15 years granted on the 21st October 2016 at a rent of Â£46,828.60 pax (Â£9.10 ftÂ² on the built space).
The lease incorporates 5 year upward only (not downwards) open market rent reviews and the tenant is able to break the lease on the fifth and tenth years subject to a minimum of 6 months prior written notice.
We have downloaded accounts for On Air Dining Limited from Companies House, and we can email a set of these accounts on request.
The freehold interest of the property is for sale for a figure of Â£750,000.
We understand from our client that the property has not been elected for VAT.
The property has a Rateable Value of Â£39,250 which equates to approximately Â£19,272 rates payable for the year March 2019/2020.
Each party to pay their own legal costs in the matter. View more View less