LOCATION
The premises are located at the entrance to Edison Gate on Portway West Business Park which lies on the western outskirts of Andover next to the A303 dual-carriageway.
DESCRIPTION
An end of terrace factory/warehouse unit with pleasantly fitted ground floor offices, large mezzanine floor, goods lift, loading door 4.3 m (h) x 4.0 m [14’1” x 13’1”], separate personnel door, heating, lighting, kitchen, WCs and parking for 6 cars.
SERVICES
Mains electricity, gas, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
| GROUND FLOOR |
|
|
| Factory / Warehouse |
111.3 |
[1,198] |
| Office & Ancillary |
99.5 |
[1,071] |
| |
|
|
| FIRST FLOOR |
|
|
| Mezzanine |
186.8 |
[2,011] |
| |
|
|
| TOTAL |
397.6 |
[4,280] |
ENERGY PERFORMANCE CERTIFICATE
D79 - valid until 15/03/2032
RATING ASSESSMENT
| Rateable Value from 01/04/2017 |
£20,500.00 |
| Business Rates Payable 2022/23 |
£10,229.50 |
TENURE
The premises are held on the residue of a 125 year ground lease from 04 November 1982 less 7 days, subject to 5 yearly ground rent reviews, and at a current ground rent of £3,500 pax.
TERMS
Price £230,000 for the long-leasehold interest described above. [VAT is not currently charged].
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: 3181C1
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