The premises are located in Hopkinson Way close to one of the entrances to Portway West Business Park which lies on the western outskirts of Andover next to the A303 dual-carriageway.
Detached factory/warehouse on a 0.27 hectare [0.67 acre] site with two-storey offices, internal eaves height 4.9 m [16'0"], heating, lighting, two large loading doors, kitchenette, WCs, generous parking, large yard and planning permission for a 262.2 m2 [2,822 ft2] extension.
Mains electricity, gas, water and sewerage.
|Office & Ancillary
ENERGY PERFORMANCE CERTIFICATE
Rating - C68.
|Rateable Value from 01/04/2017
|Business Rates Payable 2017/18
The premises are held on the residue of a 125 year ground lease from 12 September 1983, subject to non-downward ground rent reviews every 5 years, and at a current ground rent of £15,488 pax [VAT is not currently charged].
Price £500,000 + VAT for the ground lease interest described previously.
OR TO LET
On a new FRI lease for a period to be agreed at a commencing rent of £60,000 pax + VAT. [NB On a letting the landlord will pay the ground rent].
Each party to bear their own legal costs and the purchaser/tenant to pay Test Valley Borough Council's costs as freeholder [usually about £750 - no VAT].
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