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Ordnance Court Ackworth Rd 69,386 SF 100% Leased Industrial Building Portsmouth PO3 5RZ $783,357 CAD ($11.29 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Easy access to the M27/A27 south coast road network.
  • Situated in an established industrial location.
  • Long leasehold interest for sale (circa 119 years remaining).
  • Front and Rear loading access.
  • Loading area and parking.

EXECUTIVE SUMMARY

The property is located in Ordnance Court which is part of the established Venture Industrial Estate. The estate has good access via Norway Road to the Eastern Road and Portsbridge roundabouts which connects to the M27/A27 south coast motorway network.
Industrial Unit in established industrial location For Sale The property comprises an industrial/warehouse unit under a steel trussed northlight roof supported on brick faced columns and rendered painted elevations with front and rear access/loading areas. The ground floor is currently being used as storage benefiting from 2 x loading doors to the front and 1 loading door to the rear plus LED lighting and three phase electricity. There is a first floor mezzanine area which is currently fitted out as a boxing gym, benefitting from a kitchen, WC's and LED lighting. Externally, there is a loading apron at the front and rear and parking spaces within the estate.
Easy access to the M27/A27 south coast road network Front and Rear loading access Situated in an established industrial location Loading area and parking Long leasehold interest for sale (circa 119 years remaining) The property is held on a 150 year long leasehold interest from 29 September 1994 at a fixed peppercorn rental (circa 119 years remaining). The user clauses under the lease permits Class B1 and B8 uses. The long leaseholder is obligated to contribute towards the upkeep of the estate. Copies of the long lease is available on request.

PROPERTY FACTS

Price $783,357 CAD
Price Per SF $11.29 CAD
Sale Type Investment
Tenure Freehold/Long Leasehold
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.28 AC
Rentable Building Area 69,386 SF
No. Stories 1
Year Built 1973
Parking Ratio 1.51/1,000 SF
No. Drive In / Grade-Level Doors 15

AMENITIES

  • Security System
  • Yard
  • Energy Performance Rating - D
  • Automatic Blinds
  • Storage Space

UTILITIES

  • Gas - Natural
  • Water
  • Sewer
  • Heating - Gas

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Containment Technology Services
  • -
  • 3,319 SF
  • -
  • -
  • Dagostino
  • -
  • 2,323 SF
  • -
  • -
  • JPS Autocare
  • -
  • 2,323 SF
  • -
  • -
  • M & R Fresh & Frozen Food Ltd
  • -
  • 2,092 SF
  • -
  • -
  • N McKechnie & Co Ltd
  • -
  • 2,718 SF
  • -
  • -
  • PPP
  • -
  • 2,323 SF
  • -
  • -
  • Pressco
  • -
  • 1,507 SF
  • -
  • -
  • Pressco Precision Engineering Ltd
  • -
  • 7,384 SF
  • -
  • -
  • Techwerxs Ltd
  • -
  • 5,183 SF
  • -
  • -
  • Tip Top Sail Laundry
  • -
  • 3,701 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Containment Technology Services - 3,319 SF - -
Dagostino - 2,323 SF - -
JPS Autocare - 2,323 SF - -
M & R Fresh & Frozen Food Ltd - 2,092 SF - -
N McKechnie & Co Ltd - 2,718 SF - -
PPP - 2,323 SF - -
Pressco - 1,507 SF - -
Pressco Precision Engineering Ltd - 7,384 SF - -
Techwerxs Ltd - 5,183 SF - -
Tip Top Sail Laundry - 3,701 SF - -
  • Listing ID: 38694963

  • Date on Market: 2025-12-08

  • Last Updated:

  • Address: Ackworth Rd, Portsmouth PO3 5RZ

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