Book a Viewing

To book a viewing for this property, please call Move Places, on 01753 306729.

To book a viewing for this property, please call Move Places, on 01753 306729.

For Sale
£950,000 In Excess of

Land (Commercial), Vaggs Lane, Hordle, SO41

Vaggs Lane, Hordle, SO41


Move Places brand logo

Move Places

Suite 1, Europa House, 11 Marsham Way

Description

This exceptional commercial land opportunity presents a rare chance to acquire a well-established business site, extending to approximately 0.5 acres, with the benefit of approved planning permission. Currently, the property operates as a successful storage facility, comprising 13 individual storage units, all of which are let on 12-month tenancies. The site generates a robust annual rental income of £70,599.96, offering immediate and reliable returns for investors. The units are fully occupied, reflecting strong demand for secure storage solutions in the local area and underpinning the asset’s proven income stream. In addition to the existing arrangements, the property offers significant asset management potential, with scope to increase the number of units on site and boost rental income further, subject to obtaining the necessary planning consents. The combination of an established tenant base and potential for future development makes this site an attractive proposition for both experienced investors and those new to the sector. The approved planning permission adds flexibility for future enhancements, whether through increasing capacity or reconfiguring the site to maximise returns. The property’s configuration allows for efficient management and operational oversight, while the current tenancies provide a stable financial foundation. The established nature of the business, combined with the opportunity for growth, creates a compelling investment profile. This is an ideal acquisition for parties seeking a secure income-producing asset with clear avenues for capital and rental growth. The site’s existing operational success, coupled with its untapped potential, ensures it will appeal to a broad range of commercial investors and developers. With all units currently let and a history of strong occupancy, this is a turnkey opportunity that balances immediate income with longer-term development prospects. The approved planning permission further enhances the site’s appeal, providing a pathway for future expansion or reconfiguration to suit the evolving needs of the market. The property is offered for sale as a going concern, making it suitable for those looking to acquire an established business with the infrastructure and permissions in place to support ongoing operations and future growth. This is a rare chance to secure a versatile and income-generating commercial land holding with both present-day returns and outstanding potential for further enhancement. Early viewing and enquiries are recommended to fully appreciate the scope and value of this unique investment opportunity.

NB. In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a personal interest in the sale of this property. The property is being sold by Director’s of Move Places Ltd.

A Buyer’s Reservation Fee, which forms part of the purchase price, will apply. Please contact branch for more information.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: MP has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: MP has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.


EPC Rating: D

Key Features

  • Planning Permission Approved
  • 0.5 acre site approx
  • Existing operating business site
  • 13 storage units are let on 12 month tenancies and the rental income is £70,599.96 PA
  • Additional asset management opportunities to increase the units on the site and rental income, subject to planning permission.

Property Details

  • Property type: Land (Commercial)
  • Price Per Sq Foot: £44
  • Approx Sq Feet: 21,528 sqft
  • Plot Sq Feet: 21,528 sqft
  • Council Tax Band: TBD
Please note, property and plot sizes displayed are for guidance purposes only and may have been derived from publicly available information over which neither the agent nor Street.co.uk have control.

Location

Properties you may like

By Move Places

Disclaimer - Property ID bd95531a-f4a9-4fbc-918c-108a1eae5f06. The information displayed about this property comprises a property advertisement. Street.co.uk and Move Places makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Street.co.uk has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the advertising agent. Please contact the agent or developer directly with any questions about this listing.