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

PLOT 5 PORTWAY EAST BUSINESS PARK, ANDOVER, SP10 3LU

4096C RESIZED

LOCATION

The premises are located on Portway East Business Park which lies on the western outskirts of Andover giving easy access to the A303 dual-carriageway.

DESCRIPTION

Detached factory/warehouse building on a self-contained site of 0.36 hectares [0.90 acres] currently fitted out for Office and Hi-Tech/R&D purposes but suitable for other uses with loading door, suspended ceilings and air-conditioning throughout, canteen area and WCs together with large yard providing parking for about 60 cars.

ENERGY PERFORMANCE CERTIFICATE

Rating - EC74.

RATING ASSESSMENT

Rateable Value from 01/04/2017 £79.000
Business Rates Payable 2019/20 £39,816

TENURE

The premises are held on the residue of a 99 year ground lease from 10 April 1973, subject to non-downward ground rent reviews every 25 years, and at a current ground rent of £22,570 pax [VAT is not currently charged].

TERMS

Price £750,000 + 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 £1,100].

Ref: 4096C

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