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The property comprises a vacant freehold industrial opportunity with evident asset management potential.
Arranged as a warehouse unit with associated offices and yard, the property is offered with vacant possession and offers evident asset management potential via letting, with an Estimated Rental Value (ERV) in the order of £100,000 per annum (£13 per sq ft).
We consider the property is suitable for a variety of occupiers with a front yard, full height loading door, 5m minimum eaves height and three phase power.
The property is accessed via a front yard off Caker Stream Road and sits within an established industrial location within Alton, with the surrounding area comprising other industrial uses including trade counter, open storage, distribution, workshops and retail warehousing. Nearby occupiers include Toolstation, Fedex and Howdens. The property is less than 0.3 miles from Alton train station and within 0.5 miles of the A31, a major arterial route linking the A3 and M3 motorways.
Tenure
Freehold