FOR SALE Rare Opportunity to Purchase Freehold Industrial/Warehouse Premises with Development Potential (STP)

Not to scale. For reference purposes only

Wide Lane, Eastleigh, Southampton, SO18 2NQ www.cbre-datahub.co.uk/eastleigh Prominent site adjacent to M27 motorway Rare opportunity to purchase freehold industrial/ west bound carriage way warehouse with extremely large yard. Of interest to Main building approx. 31,784 sq ft plus owner occupiers, investors and developers. additional out buildings providing overall building area of approx. 54,560 sq ft

MATTHEW CLARK Approx. 5.5 acre freehold with additional approx. 4.4 acre leasehold car park/storage land PORT OF SOUTHAMPTON DSV JAGUAR LAND ROVER Excellent transport links and located adjacent PFS WEB to new Mountpark development A335 COOPER VISION MURRAYS M27

SPECSAVERS DSV The vendor wishes to dispose of both the freehold

ELIS and leasehold elements on an unconditional basis

A335 2

M27(J5) MOUNTPARK 54,560 SQ FT SOUTHAMPTON AIRPORT PARKWAY LONDON Industrial and M27 M27 Warehouse Buildings REGUS

HTEC

RIDGEWAY MERCEDES

PREMIER INN

ROYAL MAIL 9.9 251,565 72 MINS ACRES Estimated Population Southampton Circa 4.0 hectares of Southampton in 2016 Airport Parkway to SOUTHAMPTON AIRPORT London Waterloo

Not to scale. For reference purposes only

Wide Lane, Eastleigh, Southampton, SO18 2NQ www.cbre-datahub.co.uk/eastleigh LOCATION AND CONNECTIVITY

The former Vehicle Refurbishment Centre (VRC) is located approximately 1.1 miles from J5 of the M27 providing SOUTHAMPTON AIRPORT PARKWAY excellent access East towards Portsmouth, West towards M3(J14) EASTLEIGH Bournemouth (via the A33) and North towards London M27(J5) via the M3. A335 M27(J4) SOUTHAMPTON AIRPORT The site is accessed from the M27 via the A335 and Wide Lane where there are A27 A335 5 different access points onto the site. The A335 is one of the main arterial routes into the Centre of Southampton, approximately 4.0 miles away. The site is located approximately 0.5 miles from both Southampton International Airport and Southampton Airport Parkway Railway Station. Southampton Airport Parkway Railway Station provides direct trains to London Waterloo every 30 minutes, with a journey time of approximately 1 hour 12 minutes. A35 M27

M27

By Road

Southampton Airport 0.5 miles Junction 5, M27 1.1 miles

Southampton Docks 3 miles A334 Junction 14, M3 3.8 miles Portsmouth 20 miles Heathrow Airport 61 miles London 80 miles

By Train (from Southampton Airport Parkway Train Station) SOUTHAMPTON Southampton Central 7 mins Reading 45 mins M27 London Waterloo 72 mins

openstreetmaps.org Source: TFL Journey Planner

Wide Lane, Eastleigh, Southampton, SO18 2NQ | www.cbre-datahub.co.uk/eastleigh DESCRIPTION

Not to scale. For reference purposes only

The former VRC site - Freehold

There are a number of buildings on site CAR PARK SITE - LEASEHOLD varying in size. The main building (Building 1) is a detached unit of circa 31,784 sq ft which benefits from an eaves height of approx. 9.2m. Other buildings include a workshop/stores building of circa 13,625 sq ft (Building 2), smaller workshop/stores (buildings 3,4&5) and a commercial grade car wash (building 6). There is also an open-sided covered storage area (Building 7) of approx. 11,743 sq ft.

Owned freehold, this area is approx. 5.5 acres in total, thus a very low site cover of 23%. The external areas are a mix of concrete and FORMER VRC SITE - FREEHOLD tarmac surface. 4

The car park site - Leasehold

Located to the south west of the VRC site, the two sites are separated by a cemetery and allotments, but are linked by an internal private road that runs along the boundary up against the west bound carriage way of the M27 motorway. The area provides a securely fenced and gated tarmacked parking area of approx. 4.4 acres with 528 marked out spaces. As well as the internal road linking to the VRC site, this area is also has its own access via Mansbridge Road.

Wide Lane, Eastleigh, Southampton, SO18 2NQ | www.cbre-datahub.co.uk/eastleigh THE FORMER VRC SITE

Accommodation / Area sq m sq ft

Building 01 02 GF Store/Workshop & WC’s 2,737.58 29,467 Mez Floor/ Offices & Ancillary 215.23 2,317

2,952.81 31,784

Building 02

01 Description 1,265.79 13,625 01 Building 03

Open store/workshop 202.92 2,184

Building 04 04 Open store/workshop 384.37 4,137 03 07 05 06 Building 05

Open store/workshop 92.70 998 5 Building 06

Freehold Car wash 170.20 1,832

Approx. 5.5 ACRES Building 07

Covered Storage 1,090.00 11,743 01

01 02

Wide Lane, Eastleigh, Southampton, SO18 2NQ | www.cbre-datahub.co.uk/eastleigh THE CAR PARK SITE

01 01

6 Leasehold Approx. 4.4 ACRES

05 04 03

Wide Lane, Eastleigh, Southampton, SO18 2NQ | www.cbre-datahub.co.uk/eastleigh FURTHER INFORMATION CONTACT

Technical EPC Nick Tutton A data room has been prepared as part of this site Please refer to DataHub. 07887 563264 [email protected] sale. The due diligence information can be accessed via secure registration using the link below: Tenure VRC Site – Freehold Oliver Sherriff 07919 392 004 Car Park site – Leasehold. Held on a 10 year lease [email protected] DataHub commencing 1st October 2013 and due to expire 30th September 2023. Passing rent is £94,000 per annum with Technical information is available 5 yearly rent reviews. Note: The rent review from 2018 to download from the Eastleigh remains outstanding. Gate DataHub - click BELOW to gain access. Viewings www.cbre-datahub.co.uk/eastleigh Viewing days are to be arranged in advanced and by appointment only. All appointments should be made by prior arrangement with the sole agents, CBRE. 7

Sales Process CBRE will confirm the bid deadline via the DataHub along with further bidding requirements.

Tender Process Savannah House | 3 Ocean Way The site is being offered for sale via informal tender. Offers Ocean Village | Southampton | SO14 3TJ will be invited for the freehold interest on an unconditional www.cbre.co.uk basis.

VAT The site is elected for VAT.

Subject to Contract.

Misrepresentation Act: All Agents and for the vendors or lessors of this property whose agents they are, give notice that (i) these particulars are produced in good faith, are set out as a general guide only and do not constitute any part of an offer or contract. They are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves as to the correctness of each of them. (ii) no person in the employment of all agents has any authority to make or give any representation or warranty in relation to this property. September 2020.