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Mera Heights Figrove Road, Farnborough, GU14 7RE
Use Class
Sui Generis
Size
1,090 - 4,235 sq ft
Rent pa
POA
Market Sector
Retail & Shopping Park
Description
Mera Heights is an exciting brand new mixed use development by Mera Developments in the heart of Farnborough Town Centre. This new high quality development comprises 31 one and two bedroom contemporary apartments over first to fifth floors, together with 4 Class E units at ground floor level. Victoria Road provides a good mix of traders including public houses, bookmakers, food operators, estate agents, barbers, medical/clinical uses and various other independent and regional retailers.
This new high quality development comprises 31 one and two bedroom contemporary apartments over first to fifth floors, together with 4 Class E units at ground floor level, totalling some 4,185 sq ft GIA.
Location
Firgrove Road is located in a prime central location fronting Victoria Road (B3014) and positioned between the Premier Inn and Saco Aparthotel. The immediate area is a mix of retail, residential and small office buildings. The two main shopping centres known as the Meads and Princes Meads are adjacent, together with Sainsburys supermarket and Vue Cinema. There is plentiful pay and display parking nearby in Kingsmead and Westmead, and the premises are conveniently located within a 5 minute walk of Farnborough mainline station.
Victoria Road provides a good mix of traders including public houses, bookmakers, food operators, estate agents, barbers, medical/clinical uses and various other independent and regional retailers
Accommodation
1,090 - 4,235 Sq.Ft
All units have been completed to shell and core specification with capped off services. Incoming electrics are 3 phase to an unpopulated distribution board. There is no gas to the premises. Fully glazed shop fronts are installed. There is also a Virgin Media connection to the main building. Any incoming occupiers will need to arrange connections to this at their own cost. The dividing walls between Units 1 & 2 could be substantially removed to create a larger floor plate if required.
Financial
Lease Term
To Let - Available by way of new full repairing lease/s for a term to be agreed. For Sale - Available by way of a new 125 year leases/s at a peppercorn rental.
Rent
To Let: Unit - 1: £32,000 /annum. Unit - 2: £25,500 /annum. Unit - 4: £25,500 /annum.
Price
For Sale: Unit - 1: £330,000. Unit - 2: £275,000. Unit - 4: £275,000
Business Rates
To be assessed.
Sustainability
On application.
Disclaimer
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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