Community Hampshire business park with planning goes up for sale with £4.5m guide price By Emma Kilmurray Contributor Comment Published 27th Aug 2024, 10:34 BST Watch more of our videos on ShotsTV.com and on Freeview 262 or Freely 565 Visit Shots! now Swanmore Business Park, outside Bishop’s Waltham and 10 miles from Southampton, has been put up for sale with property agent Eddisons incorporating Daniells Harrison.
The three-acre scheme currently generates a £430,500 annual rental income, with a potential to generate a further £36,000 per annum following the completion of two new units. Made up of industrial and workshop units, open storage land and 130 self-storage containers, the business park has been given a guide price of £4.5m.
The site has also been granted planning consent for the development of additional units. Advertisement Hide Ad Advertisement Hide Ad Sign up to our daily newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to The News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues.
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. This site is protected by reCAPTCHA and the Google Privacy Notice and Terms of Service apply. Eddisons agency surveyor Nick Holtby, who is based in the firm’s Fareham offices, said: “As well as the planning consent that is already in place for the additional units, any buyer would also have the potential to increase the site’s income by regearing leases and, subject to planning, increasing the site coverage and double stack the containers, all of which would make it an even more attractive investment prospect.
” Swanmore Business Park, up for sale with Eddisons for £4.5m He added: “This is a great investment opportunity. Swanmore Business Park is a thriving development in a great location, a short drive from the regional ports and commercial centres of Southampton and Portsmouth , as well as being in a semi-rural spot just outside the South Downs National Park.
” Continue Reading Related topics: Southampton Hampshire Fareham Portsmouth Comment Comment Guidelines National World encourages reader discussion on our stories. User feedback, insights and back-and-forth exchanges add a rich layer of context to reporting. Please review our Community Guidelines before commenting.
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