Carr and Neave

Commercial Estate Agents in Ringwood

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SUBSTANTIAL FACTORY UNIT WITH AIR CONDITIONED OFFICES

UNIT 7 – 8, MILLSTREAM TRADING ESTATE, CHRISTCHURCH ROAD, RINGWOOD. BH24 3SB

Location

FOR SALE OR TO LET

FLEXIBLE OPTIONS AVAILABLE

Millstream Trading Estate is situated on the southern side of Ringwood and just off the B3347 Christchurch Road, approximately 1 mile from the A31 dual carriageway that provides access to Bournemouth, Poole, Southampton and the motorway link to London.

Accommodation

This end of terrace double unit provides substantial factory space with quality office accommodation or single unit if required.

Gross internal dimensions 23.0m x 20.9m (75’6” x 68’7”)

Gross Internal Area approx. 480.70m² (5,172 ft²) plus first floor offices approx. 185.34m² (1,995 ft²)

Factory:  Approx. 310m² (3,337 ft²) most of which is full height,  roller shutter doors both to the front and rear of the premises.

Two mezzanine areas 35m² (377 ft²) and 69m² (743 ft²)

Offices:  Works office 9.34m x 3.32m (30’8” x 10’11”)

Meeting room 4.45m x 3.01m (14’7” x 10’2”)

Kitchen, male and female toilet facilities.

First Floor:  Providing four air conditioned offices 185.34m² (1,995ft²)

With suspended ceilings and integrated lighting, computer trunking, fully carpeted.

Parking

Parking to the front of the unit provides for approximately 7/8 car parking spaces, or one half of parking if single unit.

Service Charge

Leasehold premises are often subject to a service charge in respect of the upkeep, management and maintenance of common parts within the estate. We would therefore urge all applicants to make further enquiries as to the existence or otherwise of service charge outgoings.

Lease Terms

Options available:-

1. New F.R.I. underlease, until 26th March 2026 at £45,000 p.a. exclusive.
2. Assignment of existing excluded lease from 27th March 2023 but with option to break at end of 3 years.
Current rent £59,500 per annum with upward only rent review at end of 4 years.
3. New F.R.I. lease at £59,500 per annum, duration and terms subject to negotiation.
4. Freehold £675,000 with vacant possession.

Rates

Rateable value: £49,250

Deposit

A deposit will be required by the landlord and held for the duration of the lease.

Rent

Rent & Price - As above

V.A.T. We are informed that the property is not subject to V.A.T.

Viewing

By confirmed appointment only please through the agents.

Energy Rating

E

Map
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