The premises are located on Reith Way on Portway West Business Park, which lies on the Western outskirts of Andover next to the A303 dual-carriageway.
A detached factory/warehouse building on a 0.851 ha [2.102 acre] site with large secure yard, well-fitted two-storey offices, internal eaves height 5.5 m [18'0"], 2 large loading doors 5.0 m (h) x 4.0 m [16'5" x 13'1"], 2 tailgate loading doors 2.9 m (h) x 2.4 m [9'6" x 7'10"], heating, lighting, sprinkler syste, fire alarm, security alarm and WCs together with extensive lorry and car parking.
Mains electricity, gas, water and sewerage.
|Office & Ancillary
ENERGY PERFORMANCE CERTIFICATE
Rating - C54.
|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 15 February 1990, subject to 5 yearly non-downward rent reviews effectively to the open market rental value of the site without the buildings and at a current ground rent of £48,337 pax [VAT is not currently charged].
EITHER FOR SALE
Price £2,000,000 + VAT
OR TO LET
On a new FRI lease for a period to be agreed at a commencing rent of £250,000 + VAT. [NB On a letting the landlord pays the ground rent].
Each party to bear their own legal costs and the purchaser/tenant to pay the freeholder's costs [usually about £750 - VAT is currently not charged].
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