London Clancy have recently disposed of the freehold interest of 4 The Glenmore Centre, Cable Street, Northam, Southampton for £220,000.
Dynamic Electrical Solutions Ltd have purchased the unit for the continued growth of their business.
The building comprises of a ground floor storage/industrial area with first floor office space.
London Clancy acted on behalf of a private investor.
Ellis Sims at London Clancy commented "we were very pleased to have achieved the disposal of the freehold in such a short time frame minimising any void costs for our client".
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London Clancy are pleased to announce that units 3 & 5 Chineham Point are now let.
Property maintenance and refurbishment company Novus Property Solutions Ltd have taken unit 3 comprising a total of 3,648 sq ft whilst print, branding and packaging company Clone Media Technology Ltd have taken unit 5 comprising 5,445sq ft as part of their expansion from Devonshire Business Park in Basingstoke.
Unit 5 is prominently located at the end of the estate, visible from Crockford Lane, and the entrance of the Chineham Business Park.
Since its complete refurbishment in 2018 Chineham Point has proved popular with a variety of businesses.
Unit 4 (3,531 sq ft) is the last remaining unit, for more information, and similar properties: http://londonclancy.com/
On behalf of our client, London Clancy have successfully sold Unit 21 Campbell Court.
The property, which is a mid-terraced unit of 8, was sold to owner occupier, architectural ironmongers Irontree Solutions Ltd, following their decision to relocate from rented accommodation in nearby Sherborne St John.
The unit is a total of 1,983 sq ft, and contains a mix of offices and storage area, which has proven popular within the estate.
Following a successful marketing campaign, the property was sold in March 2019.
After this successful transaction London Clancy, have received instructions to proceed with the marketing of an additional two units on the estate.
Campbell Court remains a popular out-of-town business park, that is well situated between Basingstoke (M3) and Reading (M4).
For further information and for more details on the remaining units please click on the link below:
Acting on behalf of a private landlord London Clancy has sold the investment of 10 Ridgeway Parade, Church Crookham.
The premises comprising a total of 675 sq ft of ground floor retail/ancillary space let to a long established takeaway business as well as a first and second floor maisonette have been sold on a long leasehold basis.
The shop premises trading as Happy Fountain renewed for a term of 21 years, expiring 28th September 2034 with 3 year upwards only rent review patterns and without break options. The current passing rent is £16,100 per annum exclusive (including the current ground rent).
The quoting price was £240,000 for the freehold interest.
“We were delighted by the level of interest generated in this small lot and encouraged by the price achieved which clearly reflected the unbroken term remaining and 3 year review pattern,” reported Russell Ware of London Clancy.
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Acting on behalf of Basingstoke and Deane Borough Council, London Clancy has successfully let Unit 5 Bear Court, Basingstoke RG24 8QT.
The latest letting has seen local company Acrospire Products Ltd expand into the 2,000 sq ft mid-terrace unit.
The estate, which comprises 7 units continues to remain very popular among a variety of new and growing businesses.
Russell Ware of London Clancy commented, “we achieved the full quoting rent of £16,000 per annum, on the basis of a 5 year lease. Supply levels are still running at an all-time low, which are no doubt driving forward rents”.
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On behalf of a private client, London Clancy has sold a 0.66 acre site within Chawton Near Alton, known as Little Eastfield Holding.
The site has convenient access onto the A31 Winchester to Guildford road and the A339 Selborne Road.
The subject site comprises small industrial buildings on a unique parcel of land. The clients achieved a planning consent for demolition of the existing buildings and a new purpose built 5,000 sq ft B1 unit.
The guide price for the site was £350,000 and attracted interest from a range of parties, including owner occupiers and developers.
Russell Ware commented, “this represented a very rare opportunity to acquire a parcel of Freehold land which created a significant amount of interest from a range of different sectors. We were pleased to conclude the sale to a local firm of contractors, who intend to use the site for their own occupation”.