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

PENTON BUSINESS PARK, NEWBURY HILL, PENTON MEWSEY, ANDOVER, SP11 0SP

4269C RESIZED

LOCATION

The premises are located on Newbury Hill, Penton Mewsey about 1 mile north-east of the village, 1.4 miles north-west of the village of Charlton, 3.5 miles north-west of andover and 2.5 miles north of the A303 dual-carriageway.

DESCRIPTION

Former saw mill premises comprising a range of industrial, warehouse and office buildings together with open storage on a 2.9 hectare [7.1 acre] site.

SERVICES

Mains electricity and water and private sewerage.

ENERGY PERFORMANCE CERTIFICATE

To be assessed.

RATING ASSESSMENT

Rateable Value from 01/04/2017 £124,000
Business Rates Payable 2020/21 £63,488

TERMS

To let on new leases for periods to be agreed at the following commencing rents:

ACCOMMODATION & RENTS

    m2 [ft2]  
(1) Offices 165.0 [1,776] £14,200 pax + VAT
(2) Open fronted store 92.8 [999] £1,500 pax + VAT
(3) Store 323.4 [3,481] £8,700 pax + VAT
(4) Workshop Complex 1,572.9 [16,931] £51,000 pax + VAT
(5) Offices 94.4 [1,016] £8,100 pax + VAT
(6) Communal WCs 26.5 [285]  
(7) Sawmill 662.9 [7.135] £21,500 pax + VAT
(8) Store 258.2 [2,779] £8,300 pax + VAT
(9) Store 94.4 [2,642] £7,900 pax + VAT
(10) Store 26.5 [6,282] £18,800 pax + VAT
(11) Store 662.9 [8,358] £25,000 pax + VAT
(12) Open Fronted Store 258.2 [8,341] £16,600 pax + VAT
(13) Racking Building 1,162.0 [12,508] ££31,200 pax + VAT
  BUIDINGS TOTAL 6,738.6 [72,533] £212,800 pax + VAT
         
(A) Open Storage Land 800.0 [8,611] £13,000 pax + VAT
(B) Open Storage Land 400.0 [4,306] £6,500 pax + VAT
(C) Open Storage Land 750.0 [8,073] £12,000 pax + VAT
  OPEN STORAGE TOTAL 1,950 [20,990] £31,500 PAX + VAT

4269C SITE PLAN RESIZED

LEGAL COSTS

Each party to bear their own legal costs.

Ref: 4269C

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