industrial
Ref 18421

Pinks Industrial Estate

Wickham Road
PO17 5BT Fareham

To buyPlease contact us
Size238,273 ft² / 22,137 m²

Description

For Sale: Industrial Investment with Residential Development Potential

  • Allocated for Residential Development as part of the Welborne Major Development Area
  • Multi let industrial, warehouse and open storage estate producing £160,000 pa
  • Potential for rental growth

Planning

The site falls within the aegis of Fareham Borough Council and forms part of the allocated Welborne MDA that recently the Planning Committee has resolved to Grant Permission (Ref P/17/0266/OA). The Welborne application is for a New Community of up to 6,000 dwellings together with a District and Village Centres, commercial and employment space, community uses, secondary school, 3 primary schools, green infrastructure including formal and informal open and amenity space.

The site was subject to a planning appeal for 72 dwellings (Ref: APP/A1720/W/17/3192431) which was dismissed in September 2018.

Tenancies

The property is subject to a number of short-term tenancies, producing £160,000 per annum which will
increase on letting vacant areas.

A schedule of which is included in the Data room.

Read more description

Energy rating

Energy rating 0

Location and Transport

Pinks Industrial Park is located between Wickham and junction 10 of the M27. It lies just over a mile to the south of Wickham and just over a mile to the north of M27. The site’s principal access leads on to the A32 / Wickham Road, but it also has rear access onto Forest Lane.

Disclaimer

JLL for themselves and for the vendors or lessors of this property whose agents they are, give notice that:

  1. The particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract;
  2. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise;
  3. No person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;
  4. Any images may be computer generated. Any photographs show only certain parts of the property as they appeared at the time they were taken;
  5. If the Property is in Scotland, this correspondence is expressly subject to completion of formal legal missives in accordance with Scots Law.

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