Harbour Court
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A27 For Sale Headquarters Office Building Prominent location on the central south coast Bespoke Headquarters Office Building Opportunity 2,242.6 sq m (24,139 sq ft) Harbour Court HarbourCOSHAM Court Excellent communication links Short term income COSHAM Close to local amenities and hotels Net Initial Yield 12.30% Landscaped grounds £2,750,000 142 car parking spaces Capital Value just £114psf Harbour Court Compass Road Cosham Portsmouth PO6 4ST Portsmouth M275 M27 Port Solent Aerial photograph of Harbour Court looking south east towards Portsmouth. Entrance to the main reception of Harbour Court. Excellent communication links effortlessly Description The property is a detached Headquarters style office building set within landscaped connect Harbour Court to important commercial grounds. Providing accommodation over three floors. centres throughout the south coast and the UK Tenancy The property benefits from an existing tenancy agreement to Blake Morgan LLP on motorway network a FRI lease basis, expiring 24 March 2021 at a passing rent of £360,000 per annum (£14.91 psf). Location North Harbour Business Park is an established commercial location just 4 miles north west of Portsmouth Specification city centre and located 1 mile from the M27 (Junction 12) connecting the area with key surrounding commercial cities as well as the national motorway network. Open plan floor plates WC’s on each floor North Harbour benefits from easy access to two railway stations; Portchester (1 mile west) and Cosham Full accessed raised floors Ground floor reception area (2 miles east). Both stations provide regular services to London Waterloo as well as surrounding towns. Suspended ceilings 142 car parking spaces Portsmouth & Southsea railway station is just 5 miles south east providing additional, frequent rail services. Air conditioning Southampton International Airport is located 18 miles west of North Harbour accessed directly via the M27 (Junction 5). It is the main business airport for the South Coast. < Chichester (14 Miles) Port Solent Marina M27 Danwood Guy Salmon Land Rover Southampton (15 Miles) > Inchcape Fleet Solutions Busy Bees Nursery Tesco RBS Harbour Court COSHAM Site: Approximately 2.1 Acres Aerial view of Harbour Court showing nearby occupiers. Storage: Storage: 5.9 sq m 5.9 sq m Accommodation (64 sq ft) (64 sq ft) The property has been measured in accordance with RICS Code of Measuring Practice 6th Edition and the property has the following net internal floor areas: Open plan offices: Open plan offices: Open plan offices: Open plan offices: Ground Floor 246.0 sq m (2,648 sq ft) 246.3 sq m (2,651 sq ft) 246.7 sq m (2,655 sq ft) 246.4 sq m (2,652 sq ft) Office: 1,056.4 sq m (11,370 sq ft) Open plan offices: Reception: 76.0 sq m (818 sq ft) 37.6 sq m (405 sq ft) Storage: Communal area Storage: 12.8 sq m (139 sq ft) 1.0 sq m (11 sq ft) Meeting rooms: Meeting rooms: Total: 1,145.2 sq m (12,327 sq ft) Meeting rooms: Meeting rooms: 35.7 sq m (384 sq ft) 35.8 sq m (385 sq ft) 35.7 sq m (384 sq ft) 35.9 sq m (386 sq ft) Storage Communal Storage First Floor Reception 0.8 sq m (9 sq ft) area 0.8 sq m (9 sq ft) Office: 1,058.2 sq m (11,389 sq ft) Storage: 1.6 sq m (18 sq ft) Void Total: 1,059.8 sq m (11,407 sq ft) Open plan offices: Open plan offices: Open plan offices: Open plan offices: Balcony 246.4 sq m (2,652 sq ft) 246.1 sq m (2,649 sq ft) 246.5 sq m (2,653 sq ft) 247.1 sq m (2,660 sq ft) Second Floor Office: 37.6 sq m (405 sq ft) Overall Total: 2,242.6 sq m (24,139 sq ft) Ground Floor First Floor Second Floor Ordnance Survey © Crown Copyright 2020. All rights reserved. Licence number 100022432 M27 Southampton Road Portsmouth Marriott Hotel Paulsgrove Lake Port Solent Marina Lock Approach Junction 12 Harvester David Lloyd Odeon Cinema M27 Harbour CourtMarina Keep Port Way COSHAM Tenure Drive times from Harbour Court to: Waterlooville Available on a freehold basis subject to the existing tenancy agreement. Portsmouth City Centre: 9 minutes Consideration may be given to a leasehold agreement at the expiry of A3(M) Southampton Airport: 24 minutes To Southampton the current tenancy. M27 Southampton City Centre: 35 minutes To Chichester Price Winchester: 36 minutes Fareham M27 Havant A guide of £2,750,000 (Two Million Seven Hundred and Fifty Thousand Cosham A27 Basingstoke: 52 minutes Pounds), equating to £114 per sq ft. A27 London: 105 minutes Port Solent M275 Business Rates Drive times are taken from the RAC Route Planner and are From our enquiries via www.voa.gov.uk we understand the combined entirely dependent on the time of travel and road works. rateable value of the property to be £320,000. However, interested parties Portsmouth are advised to confirm the accuracy of this information. Train journey times from Cosham Station to: Lee-on-the-solent Portsmouth Harbour: 25 minutes Gosport Hayling Legal Costs Island Southampton: 35 minutes Each party to be responsible for their own legal costs incurred in the transaction. Brighton: 80 minutes The Solent Energy Performance Certificate Southampton Airport D-87. (Prior to refurbishment). Southampton Airport is just 18 miles from An Energy Performance Certificate (EPC) is available on request. Harbour Court is just 18 miles distant and M27 offers regular flights to many destinations as Southampton Road A27 Viewing well as internal flights to major UK cities. Strictly by appointment through the sole agents Steven Williams T: 023 8202 2170 M: 07761 082 986 Paulsgrove E: [email protected] Lake M275 Port Solent Marina Junction 12 M275 David Lloyd Odeon Cinema M27 Misrepresentation Act 1985 Realest for themselves and for the vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without Marina Keep M275 responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Realest has any authority Designed by the Cedar Group: 01794 525 020 to make or give any representation or warranty whatever in relation to this property. Date prepared 10/2020. Waterlooville To Southampton A3(M) M27 To Chichester Fareham M27 Havant A27 Cosham A27 Port Solent M275 Thorney Island Portsmouth Lee-on-the-solent Gosport Hayling Island West Wittering The Solent.