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£1,400,000

Open Storage, Riverside Yard, Romsey Road, Ower, Romsey, Hampshire, SO51

Land size
2.19 acres

Key Features

  • Approx. 25% let with £40,250 current income
  • Total site area of circa 2.185 acres
  • Net usable area of circa 1.245 acres
  • B8 Planning Consent
  • Approx. 1 mile from Junction 2 of the M27

Description

Riverside Yard comprises a substantial yard/open storage site extending to approximately 2.185 acres in total, with the net usable area extending to circa 1.245 acres. The total site area is hatched red on the plan, with the net usable area hatched blue.

The site is accessed via a concrete lane, which forms part of the title, and is mainly hardstanding with a small area of unsurfaced ground. Water and electricity are available on site. There is also an old farm building, although this is in derelict condition.

Approximately 25% of the site is currently let, producing an income of £40,250 per annum. The property therefore provides an exciting opportunity for an owner occupier to acquire a sizeable yard/site for their own use, whilst also benefiting from an existing income stream from occupiers on site.

The property also offers an excellent opportunity for investors to increase the overall income by letting the vacant areas of the site to new occupiers.

The current tenancy layout plan and tenancy schedule are included at the end of this brochure.

Map Location

Property details

Tenure
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Council Tax Band
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Date Posted
2026-07-03

Market Value Analysis

Compared with 92 Development Land listings in South East England (1+ acres).

This Property£639,269 / acre
Development Land Average (1+ acres) £362,776 / acre
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Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Property Features

Accessibility
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Parking
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Garden
Garden

Important notice: Information, maps and tags on this page are supplied by the advertising agent or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.

Contact Keygrove Chartered Surveyors, Southampton

Harbour Lights Maritime Walk, Ocean Village, Southampton, SO14 3TL

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