Forest House, 12 Queensway, New Milton, BH25 5NN

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917 sq m - 1,102 sq m (approx 9,867 sq ft - 11,858 sq ft ) Refurbished Warehouse to let short or long term

Location
Located on the largest industrial estate of New Milton, the property is approx 1 mile west of the town centre.
There is access to the A35 which in turn connects to the Bournemouth conurbation to the west and to the M27 to the East

About this Property
The property comprises a detached warehouse building which was completed refurbished in 2016 with new external cladding, roof and modern offices all under a steel portal frame. Eaves height approx. 17’6 to underside of steel frame and 19’8 to roof. To the front of the building is are two storey offices part open plan and part fitted out with smaller rooms. There is a side access/loading yard serving 2 loading bays and to the front of the building is space for approx. 16 (double parked) cars.

A mezzanine floor has been installed by the current tenant to part of the warehouse providing approx. 1,988 sqft (184.69 sq.) of storage accommodation with under mezzanine height of approx. 9’2 and height above of approx. 9’2. This can be removed if not required.

Specification & Highlights

• Building refurbished in approx. 2016
• Eaves height approx. 19’8 (17’6 to underside of steel frame)
• Mezzanine floor installed to part
• Modern carpeted offices with wall trunking, double glazing, open plan & partitioned offices.
• Side yard/loading
• 2 electric side loading doors
• Front car parking for 16 cars
• Available on short or longer term lease
• EPC rating of Band B

Rent and terms
£79,134 pa. The whole property is currently let on a full repairing and insuring basis on a lease for a term of 10 years from 15th August 2016 to August 2026. The lease incorporates a tenant’s break clause on 15th August 2023 and is contracted out of the Landlord & Tenant Act 1954. The property is available on 3 alternative bases. 1 An assignment of the current lease or 2 A new sublease until August 2023 contracted out of the Landlord & Tenant Act 1954 or 3 A new longer lease to be agreed directly with the freeholder.

Rateable value
£67,000