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Albany House West Howe Industrial Estate Elliott Road, Bournemouth Bh11 8Jh

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Albany House West Howe Industrial Estate Elliott Road, Bournemouth Bh11 8Jh ALBANY HOUSE WEST HOWE INDUSTRIAL ESTATE ELLIOTT ROAD, BOURNEMOUTH BH11 8JH FREEHOLD SINGLE LET SOUTH COAST INDUSTRIAL/TRADE INVESTMENT INVESTMENT SUMMARY Offers in excess of • Opportunity to acquire the Freehold interest in a well located single let industrial/trade unit let to the strong covenant of £1,995,000 (one Grafton Merchanting GB Ltd. million nine hundred • Bournemouth is an established South Coast town situated within and ninety five the newly formed Bournemouth, Christchurch & Poole local authority area. thousand pounds) • Albany House [“The Property”] is situated within the West Howe subject to contract Industrial Estate and benefits from additional visual prominence by virtue of its excellent position. and exclusive of VAT. • The Property comprises a self-contained light industrial/trade A purchase at unit with ancillary office accommodation totalling c.23,000 sq ft this level reflects a on a site of c.0.98 acres with 14 allocated car parking spaces. Net Initial Yield of • The Property is let to Grafton Merchanting GB Ltd [D&B 5A2] for a term expiring 3rd March 2025 thereby providing 4.1 years term 6.00% after purchasers certain at an annual rent of £127,250. costs of 6.27%. 2 ALBANY HOUSE, WEST HOWE INDUSTRIAL ESTATE • FREEHOLD SINGLE LET SOUTH COAST INDUSTRIAL/TRADE INVESTMENT 1 Wickes 9 Argos 17 Magellan Aerospace 2 Lidl 10 Sports Direct 18 Travis Perkins 3 South Coast Building Supplies 11 Home Bargains 19 Parvalux Electric Motors 4 White & Company 12 TK Maxx 20 Jewson 5 Structar 13 Matalan 21 City Fibre 6 Solus 14 Dunhelm 22 Lush Cosmetics 7 Gibbs & Dandy 15 The Range 8 Topps Tiles 16 Safestore Self Storage A3049 19 18 8 20 TURBARY 17 PARK ROAD 21 22 ELLIOTT 4 16 6 ROAD 7 15 5 14 13 11 12 1 9 10 3 2 RINGWOOD ROAD A31 (in c.4 MILES) A45 A14 A423 Northampton A1 Worcester A5 A428 Cambridge A11 LOCATION OVERVIEW: Bedford A49 A449 Milton A6 BOURNEMOUTH Keynes M50 M5 A429 M40 M1 A1(M) A10 M11 A40 A41 A428 Luton A40 • Bournemouth is a well-recognised commercial centre within the recently A40 A414 Oxford formed Bournemouth, Christchurch & Poole [BCP] authority area. The town A413 M25 M5 A419 A420 A433 A429 is well connected via the A31 which links to the M27 and the UK motorway M4 A34 M40 M1 M4 network. LONDON Reading A346 M4 Bristol • The BCP authority area has an estimated total population of approximately Bath M3 A368 A350 M26 M25 395,300. A36 A338 M5 Basingstoke A21 A34 Guildford • The total ‘working age’ population (aged 16-64) is 240,900 of which 81.5% A303 M23 M3 A3 A22 A26 are classed as ‘economically active’, higher than the GB rate of 79.1% A303 Salisbury A36 A272 A272 • Unemployment within the Local Authority between July 2019 and June A303 A354 A338 A23 Southampton M27 2020 was 3.3%, lower than the GB total of 3.9%. BOURNEMOUTH A27 Brighton A27 A354 A338 Portsmouth Worthing Bognor Regis A35 Eastbourne • The BCP geographic has a strong business community with a major business A35 Poole Bournemouth presence from the likes of LUSH, Sunseeker, Addo Food Group, Royal Mail Weymouth and Smiths News. • London: 105 miles north-east • A31: 5 miles north • Bournemouth Train Station: • Bournemouth Airport: 6 miles north-east • Southampton: 30 miles west • A338: 9.5 miles north 5 miles south-east • Southampton Airport: 31 miles north-east • Poole: 6 miles south-west • M27: 20 miles north • Heathrow: 87 miles north-east • Bristol: 69 miles north • Gatwick: 113 miles north-east *Local Authority Profile: Source Nomis 4 ALBANY HOUSE, WEST HOWE INDUSTRIAL ESTATE • FREEHOLD SINGLE LET SOUTH COAST INDUSTRIAL/TRADE INVESTMENT SITUATION W • The property is well positioned within the established West Howe Industrial Estate H I TE LE GG W N A L Y situated 5 miles north [c.15 minute drive time] of Bournemouth town centre. E 8 W 4 O 3 A H E C AS • Albany House is ideally located on the main estate road fronting the junction TLE LN W 7 WEST HOWE 4 3 D with Turbary Park Avenue thereby providing added visual prominence. The R A D O ELLIO D EAST HOWE O R W N D G TT R IN O E R R T S E A348 [Ringwood Road] which links to the A31 in c.4.5 miles can be accessed D U G V N ANFORD HE RB N A R C ATH RD A I L U WEST HOWE RY K IL A PA H O 3 RK D B 04 WA INDUSTRIAL AVE E 9 R M 9 L I 4 LI ESTATE in a < 5 minute drive time. 0 SD W O COLUMBIA RD A3 W NR EN DA SB 9 URY 4 D PARK RD 0 R 3 3 ENSBURY A 04 N 9 O • A number of regional and national businesses occupy space within the estate S PARK G RD IN D K O WA LLIS WO DOW including HP Transport Garage Limited, Thread and Pipe Services Limited G ALDERNEY N RD IN R Y D A A30 R W 49 E D T N R E R and Screwfix. The wider micro-location also consists of two retail parksL with S U A R D R O O H R T E B D S R R A B M E E D R A D T WI A L representation from TK Maxx, Sports Direct, Argos, Wickes and Dunelm. A V RD E M A CANFORD A 34 EH TAL AR 7 BOT HEATH D W RD OL WINTON A3 049 049 A A3 A D 3 R 4 L 7 MA D RD D R E V O NEW TOWN R A E O S H D S W E L R A E G B N E R N R D I T E R R A F R VE N E E T T L A S L IN G B O RM T A B3068 A V CH E 3 B306 D Y R A PARKSTONE R R M E O D U L T A H R D D R B E 3061 EY R SURR D N ASHLEY RD R B3061 BRANKSOME U O UPPER B BOURNEMOUTH M I PARKSTONE BRANKSOME W B A RAN 7 35 KSO 4 ME 3 5 P WOOD 3 OO R A A BO LE D A3 URNEMOUTH RD RD AY 5 X W LI A 338 ESSE NDS 338 A A338 W A35 AY R D W ESS HILLA VE EX WAY PENN 064 PO B3 OL E E R U D N PARKSTONE S E A V N A D E E H C BOURNEMOUTH O T T E S R D D R W H WHITECLIFF C AT LIF B E WESTBOURNE F R RD U D N S E FF V I A L C C E O H D T M R P FO T O N N CA A V E 6 ALBANY HOUSE, WEST HOWE INDUSTRIAL ESTATE • FREEHOLD SINGLE LET SOUTH COAST INDUSTRIAL/TRADE INVESTMENT ALBANY HOUSE, WEST HOWE INDUSTRIAL ESTATE ALBANY HOUSE, WEST HOWE INDUSTRIAL ESTATE • FREEHOLD SINGLE LET SOUTH COAST INDUSTRIAL/TRADE INVESTMENT 7 DESCRIPTION • The Property comprises a self-contained light industrial/trade unit with ancillary office accommodation totalling 23,256 sq ft [2,160.55 sq m] GIA. GENERAL SPECIFICATION Steel portal frame construction under a pitched roof with an asbestos cement sheet covering Two storey office space with a ground floor trade counter component Brick cavity wall elevations 2 x loading doors positioned to the rear and side of the unit Translucent roof light sheets 14 marked car parking spaces to the front of the unit 8 ALBANY HOUSE, WEST HOWE INDUSTRIAL ESTATE • FREEHOLD SINGLE LET SOUTH COAST INDUSTRIAL/TRADE INVESTMENT INV ERNESS ABERDEEN DUNDEE P ERTH STIRLING EDINBUR GH F ALKIRK GLASGO W DUMF RIES NEWC ASTLE UPON T YNE C ARLISLE SUNDERLAND HARTLEPOOL STOCKTON-ON-T EES MIDDLESBR OUGH DARLINGTON SC ARBOR OUGH A1(M ) HARR OGAT E YORK LEEDS BRADFORD PRESTON BLACKBURN KINGSTON UPON HULL BURNLE Y M6 2 M6 2 SCUNTHORPE BARNSLE Y DONC ASTER GRIMSB Y MANCHESTER M180 M1 LIV ERPOOL M1 8 SHEFfiELD A57 LINCOLN M1 A1 SK EGNESS NOTTINGHAM STOK E-ON-TRENT M6 GR ANTHAM DERB Y A1 KING’S LYNN TELFORD M1 NORWICH M4 2 M5 4 A47 GR EAT Y ARMOUTH LEICESTER A47 M6 9 A4 7 PE TERBOR OUGH LOW ESTOFT BIRMINGHAM M1 M6 A1(M) COVENTRY A14 M4 5 NEWMARK ET WO RCESTER NORTHAMPTON BEDF ORD C AMBRIDGE M4 0 IPSWICH M1 M1 1 MILTON KE YNES COLCHESTER LUTON CHELTENHAM STEV ENAGE GLOUCESTER ST ANSTED OXFORD CHELMSF ORD M40 M25 LOCATION SITUATION HIGH WYCOMBE SOUTHEND-ON-SEA Bournemouth is a large coastal town located on Albany House is situated on West Howe SWINDON the south coast of Dorset. Together with Poole and Industrial Estate which lies to the north of central LONDON Christchurch, the town forms the South East Dorset Bournemouth. It is a mixed use estate forming part of BRISTOL M4 READING conurbation which has a total population of over the core industrialCA RDIFF stock. The property is positioned HEATHROW on Elliott Road which forms the main estate road. 400,000. It is 108 miles south-west of London, RAMSGAT E BATH M3 33 miles west of Southampton and 5 miles east of The subject property lies opposite the junction of A34 M25 Poole. Elliott RoadW and ESTON-SUPER-MAR Turbary Park EAvenue giving the building improved prominence.
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