Summary - Unit C5,Cairo Place,7 Penner Road,HAVANT,PO9 1QN PO9 1QN
1 bed 1 bath Warehouse
Income-producing unit with seven allocated parking spaces and rear loading access.
Freehold two-storey unit, approx. 3,891 sq ft
A two-storey freehold warehouse/office offered as an income-producing investment in an established Havant industrial estate. The mid-terraced modern unit extends to approximately 3,891 sq ft and benefits from seven allocated parking spaces, a rear loading area and air conditioning – practical features for light industrial, storage or multi-tenant office use. The location has good road links via the A27 and is around 1.7 miles by car from Havant rail station.
The property is let to two tenants producing a combined annual rent of £37,000 (ground floor: £20,000 to Bollscar Builders Limited from March 2023 on a five-year lease; first floor: £16,500 to Keel Marine Limited on a ten-year lease with break and rent review in 2027). Both tenancies fall inside the Landlord and Tenant Act 1954. The building is constructed in modern industrial park style with metal cladding, double-glazed windows and fitted office accommodation across both floors.
Important practical points: the freehold is elected for VAT and each party will be responsible for their own legal costs. The estate has above-average crime levels and parking/yard space is small-to-medium rather than expansive. Prospective buyers should check VOA figures and make their own enquiries with the local authority regarding rates and fees.
This unit suits investors seeking an operationally ready asset with immediate income and occupational appeal, or an occupier wanting a mid-sized unit with office fit-out and good access to the local road network. The asset offers straightforward management but limited external yard and some landlord protections Apply via statute to be considered.
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