MillHouse Centre, Mill Road
Ref 10324
Address MillHouse Centre, Mill Road, Totton, Southampton, Hampshire, SO40 3AE
Property type Investment - Office, Investment - Industrial
Size 28,148 Sq Ft
Freehold £2,500,000 - £2,500,000
Primmer Olds B.A.S are pleased to bring to the market this mixed commercial investment on the outskirts of Southampton extending to 0.82acres. The site known as 'The Mill House Centre' forms four buildings and ample external parking. The main building is a former flour mill that dates back to 1885 and retains the original character and has been sympathetically converted to serviced office suites, units two and three are attached to the main building with unit one being a separate detached building. The property is located in Totton, just off the Totton by-pass, providing easy access to the M271 and M27. Nearby occupiers include Argos, Lidl, & Newmans Suzuki. The Mill House Centre is conveniently located facing Commercial Road providing easy walking distance to the retail shops at Totton Shopping Centre and Totton train station.
- Current rental income £239,925
- Potential income with full occupation £259,675.20
- Located on a main road frontage
- Large amount of car parking
- Potential for alternate uses