Substantial workshop with rental upside and short-term regearing potential.
Freehold industrial investment comprising two titles, c.5,624 sq ft total
Passing rent £20,400 PAX; Estimated rental value c.£35,000 PAX
Purpose-built steel portal frame workshop with high ceilings
Separate two-storey office/repair frontage with roller-shutter vehicle entrance
Yard/forecourt parking and vehicle circulation to front of both units
Potential to regear leases short-term; possible purchase of individual units
Area classified very deprived; local crime levels are high — occupational risk
Tenure recorded as unknown; buyer to confirm titles and lease particulars
This freehold industrial investment offers a large, purpose-built workshop and attached two-storey office frontage in an established Gosport industrial estate. The combined GIA is about 5,624 sq ft across two titles, with roller-shutter access, forecourt parking and vehicle circulation — suitable for light industrial, automotive repair or storage occupiers. Passing rent is £20,400 per annum with an estimated rental value of £35,000 PAX and potential for short-term regearing and annual rent reviews.
The site comprises two adjacent titles (HP384821 & HP346385) currently let separately; the buildings could be interconnected and there may be scope to buy individual units (subject to negotiation). Construction is predominately steel portal frame with corrugated sheeting and brick/block infill — condition appears consistent with active industrial use but will reflect trade-related wear.
Location advantages include direct road access via the A32, proximity (0.5 miles) to Gosport town centre and marine links to Portsmouth. Practical positives: off-street yard parking, high ceiling workshop space and excellent mobile and fast broadband connectivity. Flood risk is low.
Material considerations: the surrounding area is classified as very deprived with high local crime levels and constrained local renter demand; these factors can affect occupational demand and operator risk. Tenure details are recorded as unknown, so buyers should verify title specifics and current lease terms. The sale price reflects investment potential and rental upside but will suit purchasers comfortable with active asset management and estate-type occupiers.
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