Let to New Milton Sand and Ballast Ltd until September 2037 (subject to options)
Approx. site area of 0.38 Ha (0.94 Acres)
Waste transfer site and aggregate/building supplies merchant
May suit future change of use or development (subject to consents)
Situated in Southampton suburb on the edge of The New Forest National Park
Good connectivity to the M27
Lot 29
Auction 15th May 2025
Rent £50,000 per Annum Exclusive
Status Available
Guide* £550,000
Sector Trade Counter/Builders Merchants, Development
Auction Venue Live Streamed Auction
Property Information
Location
Miles
5 miles south west of Southampton City Centre, 13 miles west of Portsmouth, 21 miles east of Bournemouth,
Road
A326, M27
Rail
Totton Railway Station, Ashurst New Forest Railway Station
Air
Southampton International Airport
Situation
The property is situated on Park Lane, just off Lime Kiln Lane in the Holbury residential suburb of Southampton. The property benefits from being in close proximity to the New Forest National Park and has good connectivity to the M27.
Tenure
Freehold.
Location
Miles
5 miles south west of Southampton City Centre, 13 miles west of Portsmouth, 21 miles east of Bournemouth,
Road
A326, M27
Rail
Totton Railway Station, Ashurst New Forest Railway Station
Air
Southampton International Airport
Situation
The property is situated on Park Lane, just off Lime Kiln Lane in the Holbury residential suburb of Southampton. The property benefits from being in close proximity to the New Forest National Park and has good connectivity to the M27.
Tenure
Freehold.
Description
The property comprises an open storage yard of 0.38 hectares (0.94 acres), a modern open-ended industrial unit, a workshop building, and a weighbridge. It is currently being used as a waste transfer site and aggregate and building supplies merchant. The property may be suitable for future change of use and development subject to obtaining the necessary consents.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises an open storage yard of 0.38 hectares (0.94 acres), a modern open-ended industrial unit, a workshop building, and a weighbridge. It is currently being used as a waste transfer site and aggregate and building supplies merchant. The property may be suitable for future change of use and development subject to obtaining the necessary consents.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Site Area Approx. Ha
Site Area Approx. Acres
Tenant
Term
Rent p.a.x.
Review
0.38
(0.94)
NEW MILTON SAND AND BALLAST LIMITED (1)
18 years from 30/09/2019 until 29/09/2037 (2)
£50,000
30/09/2029 30/09/2034
(1) New Milton Sand and Ballast Limited was established in 1957 and is an independent, local producer and supplier of aggregates and concrete, sporting and horticultural sands, soils and composts, merchanting supplies, and waste management services (www.mnsb.co.uk). (2) The lease provides a Tenant options to determine on 30/09/2026, 30/09/2028, 30/09/2031 and 30/09/2034.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
