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Office for sale

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Non quoting

Office for sale

Omega Park, Alton GU34

11,250 sq. ft

Local area information

Property location

Nearby amenities

  • Alton 0.3 miles
  • Alton Infant School 0.4 miles
  • Anstey Junior School 0.5 miles
  • Bentley (Hampshire) 4.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold investment
  • 10 year lease to wholly owned subsidiary of BAE systems from September 2021
  • Rent £151,875 pax (£13.50 sq ft)
Fully Let to In-Space Missions Ltd (A wholly owned subsidiary of BAE systems)
10 Year Lease from September 2021
Rent £151,875 per annum exclusive (£13.50 sq ft)
Edge of Town Business Park Location
Close Proximity to Mainline Railway Station (London Waterloo 1 Hour)
Easy Access to Main A31

Accommodation
(Measured in accordance with the RICS Code of Measuring Practice)

Unit 7 - 6,000 sq ft (557.4 sq m)
Unit 8 - 5,250 sq ft (487.7 sq m)
Total - 11,250 sq ft (1,045 sq m)

Note: The Units are interconnected and occupied as one by the tenant under the terms of a single lease.

Rates
Interested parties are advised to contact the Rating Authority, East Hampshire District Council.
EPC

Available on request.

Lease
The accommodation is let to Messrs. In-Space Missions Ltd on a 10 year lease from September 2021 at a rent of £151,875 per annum exclusive, subject to 5 yearly rent review. There is a one-off tenant option to break at the end of the 5th year of the term.

Tenant
As announced on the 14th September 2021, In-Space Missions Ltd was acquired by BAE Systems and therefore trades as a wholly owned subsidiary.

Terms
freehold with price guide on application.

Note
We Act on behalf of the freeholder of the adjoining premises, Unit 9 Oriel Court which is let on a similar basis, also to In-Space Missions Ltd at £60,000 per annum exclusive. This investment is also available for sale.

Viewing
Strictly by appointment with Glanfield Holmlund

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Glanfield Holmlund. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Glanfield Holmlund for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Hampshire
  4. Alton
  5. Omega Park
  6. Oriel Business Park

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