In a sign of the improving appetite for commercial property, the entire Brazier Industrial Estate in Millbrook, Southampton is coming to the market to be sold. Commercial property agents Keygrove Chartered Surveyors and Lambert Smith Hampton have been jointly instructed to sell the 2.5 acre freehold estate and are seeking offers in the region of £2,000,000.
Andrew Archibald, Director of Keygrove, says “Brazier Industrial Estate has 40,070 sq ft of industrial buildings & 8,706 sq ft of offices on a 2.5 acre site with a current income of approximately £190,000 per annum. The property is prominently located on the main Millbrook Road dual carriageway between Southampton city centre and the M271. The 4 storey office building at the estate entrance is particularly noticeable.”
Adrian Whitfield, Director of Lambert Smith Hampton continues “This is a rare opportunity for occupiers, investors or developers to acquire a self-contained freehold industrial estate with short term rental income. We have already received a lot of positive interest from prospective purchasers.”
