Vail Williams LLP, leading real estate advisers, have secured the sale of Unit 40 South Hampshire Industrial Park, Brunel Way, Totton, Southampton SO40 3SA, which was on the market for a quoting price of £275,000, to a private owner occupier who has purchased it as part of his SIPP (Self Invested Personal Pension). Tacanova UK Limited will trade from the premises.
The industrial unit is on the popular South Hampshire Industrial Park on the north side of Totton, just over a mile from the M27. The unit covers 3,396 sq ft (315.5 sq m) and includes an open plan warehouse with ground floor ancillary accommodation, first floor office space and on-site parking. The virtual freehold runs for 999 years from 25 December 1987.
Andy Gibbs, Associate and Head of Business Space at Vail Williams’ Southampton office commented: “The South Hampshire Industrial Park is a very popular location and we are very pleased to have secured a sale in the current market where the majority of deals are leases.”