.......................................... specialising in commercial property since 1981

4 WESTMARCH BUSINESS CENTRE, RIVER WAY, ANDOVER, SP10 1NS

 

3693C4 Resized

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

An excellent two-storey office building in a pleasant landscaped courtyard with suspended ceilings, recessed lighting, gas-fired central heating, perimeter trunking, carpets, single & double doors, kitchenette, WC and 5 parking spaces.

SERVICES

Mains electricity, gas, water and sewerage.

ACCOMMODATION

  m2 [ft2]
Ground Floor 33.6 [362]
First Floor 39.4 [424]
TOTAL 73.0 [786]

Approximate net internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition.

RATING ASSESSMENT

Rateable Value from 01/04/2023 £10,500.00
Business Rates Payable 2024/25 £5,239.50
With Small Business Relief 2024/25 £0.00

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 that property is less than £15,000.

ENERGY PERFORMANCE CERTIFICATE

D90 - Valid until 12/03/2033.

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 £11,000 pax + VAT.

SERVICE CHARGE

There will be a service charge to cover maintenance of the common parts, management of the development and insurance of the building.

2024 Estimate - £1,250 + 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: 3693C4

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