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Former Depot Kingston Rd 2.59 Acres of Commercial Land for Lease in East Cowes PO32 6JS
HIGHLIGHTS
- Extensive storage facility
- Site is of mixed surfacing, with some concrete coverage and otherwise of compacted earth and gravel
- Situated within the town boundaries of East Cowes
- Rateable value is currently listed as £143,000 as a ‘Storage Depot & Premises’
LOT AVAILABLE
Display Rental Rate as
| Rental Rate |
|
Lot Size | 2.59 AC |
| Lease Term | Negotiable |
| Rental Rate | |
| Lease Term | Negotiable |
| Lot Size | 2.59 AC |
An extensive secure storage yard/facility - available now on new leasehold arrangements, as a whole or in part. Tenure: Will be by way of a new commercial lease or leases by negotiation, effectively on a full repairing and insuring basis with, if appropriate, three-yearly upward-only rent reviews. The Landlord would insure the site with the tenant to pay the premium. The Landlord reserves the right to exclude the lease from the security provisions of the Landlord & Tenant Act 1954, Part II. The rental guide is calculated on the basis of £1 per ft² gross area occupied. An unusual opportunity has arisen to lease this extensive storage facility, either as a whole or subdivided by negotiation, situated within the town boundaries of East Cowes, in an area known for certain industrial and storage uses, just to the south of the main Town Centre. The site borders the River Medina, and could in our view suit a wide variety of storage facilities and other users, subject to any necessary consents. The site was previously home to a fuel and lubrications supply business; however, all on-site structures have now been cleared. Further details are as briefly outlined overleaf.
PROPERTY OVERVIEW
Location: Just to the south of the main Town Centre, in an area of mixed commercial use. The eastern bank of the River Medina is noted for a variety of other commercial occupiers, and we believe that this site potentially offers river access, with previous occupiers having brought fuel ashore by sea some years ago. The site: Is of mixed surfacing, with some concrete coverage and otherwise of compacted earth and gravel, and is as indicated on the attached location plan, which is not necessary to scale and is for identification purposes only. We understand that the site measures approximately 2.68 acres, i.e. 10,500m² or 113,000ft² overall, subject if required to final measure.
PROPERTY FACTS
| Total Space Available | 2.59 AC | Property Subtype | Commercial |
| Property Type | Land | Proposed Use | Self Storage |
| Total Space Available | 2.59 AC |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Self Storage |
Presented by
Former Depot | Kingston Rd
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