LOCATION
The premises are located in Westmarch Business Centre, just off Andover's ring-road, and close to both Tesco Extra and the Retail Parks with the Town Centre, Railway Station and A303 dual-carriageway all readily accessible.
DESCRIPTION
Two-storey offices in pleasant landscaped courtyard with suspended ceilings, recessed lighting, perimeter trunking, heating, carpets, kitchenette, WCs and 7 parking spaces.
SERVICES
Mains electricity, gas, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
| Ground Floor |
59.3 |
[638] |
| First Floor |
58.1 |
[625] |
| TOTAL |
117.4 |
[1,263] |
Approximate net internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition.
RATING ASSESSMENT
| Rateable Value from 01/04/2023 |
£14,250.00 |
| Business Rates Payable 2024/25 |
£7,110.75 |
| With Small Business Rate Relief 2024/25 |
£5,333.07 |
In England and Wales small businesses are generally entitled to Small Business Rate Relief if they only occupy one commercial property and the Rateable Value of their premises is less than £15,000.
ENERGY PERFORMANCE CERTIFICATE
C66 - Valid until 29/04/2031.
LEASING BUSINESS PREMISES
The Code for Leasing Business Premises, England and Wales 2020 is available to download at: www.rics.org/globalassets/code-for-leasing_ps-version_feb-2020.pdf
TERMS
To be let on a new FRI lease for a period to be agreed at a commencing rent of £17,500 pax + VAT.
SERVICE CHARGE
There will be a service charge to cover maintenance of common parts, management of the development and insurance of the building.
2024 Estimate - £1,800 + VAT.
LEGAL COSTS
Each party to bear their own legal costs and the incoming tenant to pay Test Valley Borough Council's costs as freeholder [usually about £1,350 per transaction - no VAT].
Ref: 3693C3
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