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Units 1-4 Aerodrome House, Oakland Business Park, Gosport, PO13 0GY

£1,140,000

£160.65 per sq ft

Business rates & charges may apply

Vail Williams, Bournemouth
SIZE AVAILABLE

7,096 sq ft

659 sq m

SECTOR

Office for sale

Key features

  • Detached Office Building and Parking
  • Freehold (Title Number - HP652450)
  • 89% of income of income from NHS who have been in occupation since 2014
  • Total income of £87,500 pax
  • Price - £1,140,000
  • Net Initial Yield of 7.25% assuming purchaser’s costs of 5.88%

Description

Description
Oaklands is a purpose built, two storey office complex of traditional construction under a pitched roof. The building was designed for flexibility with each unit capable of being fully self contained with their own toilets and entrance . The offices benefit from perimeter trunking, suspended ceilings and lighting. Externally there are 27 allocated car spaces.

Location
Aerodrome Business Park is located on the western side of Aerodrome Road, which connects with the Fareham Road (A32), the main road between Fareham and Gosport. Access is available onto the M27 via Junction 11 with Southampton to the west and Portsmouth to the east.

Other nearby occupiers include Basepoint, Fitness 24, Monkey Bizness and Starbucks. Brockhurst Gate is 0.5 miles distant offers Costa, McDonalds, M&S, Lidl and Home Bargains.

Viewings
Via sole agents Vail Williams

Anti Money Laundering
In accordance with Anti-money Laundering requirements, two forms of identification will be required from the purchaser and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.

VAT
We have been informed by our client that the premises are currently elected for VAT. It is anticipated that the sale will be dealt with by way of a transfer of a going concern (TOGC).

Tenancy
- Units 1,2,3 and First Floor 4 Oakland
o Let to Southern Health NHS Trust
o Lease Expiry – 24th March 2028
o Rent - £77,500 pax
o Rent Review – 24th March 2025
o In occupation since 2014
o EPC - C 59

- Ground Floor 4 Oakland
o Let to Brent King Ltd
o Lease Expiry – 17th April 2028
o Break Date – 18th April 2026
o Rent - £10,000 pax, payable monthly in advance.
o Rent Review – 18th April 2026
o EPC - C 58

Tenure
Freehold - Title Number HP652450

Brochures

Units 1-4 Aerodrome House, Oakland Business Park, Gosport, PO13 0GY

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Portchester Station2.4 miles
  • Fareham Station2.4 miles
  • Portsmouth Harbour Station3.0 miles

About Vail Williams, Bournemouth

Everdene House Deansleigh Road Bournemouth BH7 7DU

Clients value the way we work.

Whilst our expertise lies in commercial property advice, we are extremely commercially-minded, always absorbing ourselves in your world and seeing the issues from the perspective of your business. We recognise that to you the commercial outcomes are paramount. We focus on this, actively looking for commercially advantageous opportunities to deliver the maximum value in our service.

Notes

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Disclaimer - Property reference 226708-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Vail Williams, Bournemouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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