LOCATION
The premises are located in a prominent position at the corner of Central Way and South Way on the Walworth Business Park which lies on the eastern outskirts of Andover, next to the ring-road giving easy access to the A303 dual-carriageway.
DESCRIPTION
The premises comprise two linked factory/warehouse buildings with two-storey offices, canteen and outbuildings on a prominent corner site of 0.76 hectares [1,89 acres] suitable for a variety of uses and with pleasant landscaping to the front. The factory/warehouse areas have a clear working height of 3.3 m [10'10"] and 2 roller shutter loading doors. To the rear there is a large yard providing ample parking or indeed scope to extend subject to the necessary consents.
ACCOMMODATION
| |
m2 |
[ft2] |
| Ground Floor Offices & WC/Canteen Link |
334.0 |
[3,595] |
| First Floor Offices |
232.5 |
[2,502] |
| Main Workshop |
1,007.6 |
[10,846] |
| Secondary Link |
68.9 |
[742] |
| Secondary Workshop |
675.0 |
[7,266] |
| Mezzanine Storage |
62.2 |
[669] |
| Compressor Housing |
14.6 |
[157] |
| Two Garages |
27.9 |
[300] |
| Store |
38.5 |
[414] |
| |
|
|
| TOTAL |
2,461.2 |
[26,491] |
ENERGY PERFORMANCE CERTIFICATE
Rating - D83.
RATING ASSESSMENTS
| 53 CENTRAL WAY - FACTORY & PREMISES |
| Rateable Value from 01/04/2017 |
£65,000.00 |
|
| Business Rates Payable 2020/21 |
£33,280.00 |
|
| |
|
|
| ADJ 53 CENTRAL WAY - WORKSHOP & PREMISES |
| Rateable Value from 01/04/2017 |
£26,750.00 |
|
| Business Rates Payable 2019/20 |
£13,134.25 |
|
TENURE
The premises are held on the residue of a 125 year ground lease from 01 September 1996, subject to 5 yearly non-downward ground rent reviews effectively to the open market rental value of the site without the buildings, and at a current ground rent of £44,250 pax [VAT is currently not charged].
TERMS
Price £595,000 + VAT.
LEGAL COSTS
Each party to bear their own legal costs and the buyer to pay Test Valley Borough Council's costs as freeholder [usually about £1,100].
Ref: 3347C
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