16 Millbank Street comprises a recently-renovated detached storage and distribution warehouse unit (B8 Use Class) of steel portal frame construction with brick elevations, partially clad in profiled steel cladding under a new pitched roof with in-built skylights and providing clear span accommodation. Access is via 5 full height loading doors plus two tailgate loading doors, plus a personnel doorway. Amenities within the warehouse include a solid concrete floor and a brand-new three phase electricity. An external canopy provides a covered loading area of approximately 2,200 sq ft to 3 of the full height shutters plus the tailgate loading doors and the yard area extends to c 7,400 sq ft.

SITUATION
The warehouse is prominently located on Millbank Street, Northam, a busy road leading into Southampton city centre. Northam is an established industrial and marine location, as well as attracting a number of trade operators. Elliott Builders Merchants are adjacent to the property with South Coast Building Supplies, Magnet and Speedy Hire all close by. The location benefits from good access to Ocean Village and its marina, the city centre and the docks are all within a mile. Motorway connections are in close proximity as below:

J3 M27 - 5.5 miles to the west
J5 M27 - 4.4 miles to the north
J7 M27 - 4.5 miles to the east

ACCOMMODATION
A measured survey has been undertaken which identified the following approximate GIA:

Warehouse Sq. ft. Sq. m.
Main unit 15,465.7 1,436.8
Raised loading floor 3,045.1 282.9
Undercroft 782.5 72.7
Total GIA 19,293.3 1,792.4

TENURE
Available to rent on a new full repairing and insuring lease on terms to be agreed, at a quoting rent of £9.50 per square foot (£183,283.50 pa) plus VAT, exclusive of any other occupational costs.

RATEABLE VALUE
Online enquiry via www.voa.gov.uk indicates a rateable value of £102,000 effective from 1st April 2026. According to the November 2025 Budget statement, eligible Retail, Hospitality & Leisure (RHL) businesses will benefit from additional relief. Please contact us to discuss this, or check this information directly with the relevant Local Authority.

EPC RATING
Rated C (68) under certificate reference 3374-8539-9882-9829-4602 which is valid until 28th January 2031.

LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in any transaction.

The building is Opted to Tax therefore VAT will be applicable.

VIEWINGS
All enquiries and appointments to view must be made through the sole agents Trinity Rose Commercial on 023 8000 2020 or by emailing commercial@trinity-rose.co.uk