![3181C1 IMG 5797 RESIZED 2024](/res/3181C1 IMG_5797 RESIZED 2024.jpg)
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
A factory/warehouse unit at the entrance to Edison Gate 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 6 parking spaces.
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] |
Approximate gross internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition.
RATING ASSESSMENT
Rateable Value from 01/04/2023 |
|
£15,500.00 |
Business Rates Payable 2024/25 |
|
£7,734.50 |
ENERGY PERFORMANCE CERTIFICATE
D79 - Valid until 14/03/2032.
LEASING BUSINESS PREMISES
The Code for Leasing Business Premises, England and Wales 2020 is available to download at: www.rics.org/globalassets/code-for-leasing_ps-version_feb-2020.pdf
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.
PRICE
£275,000 fot the long-leasehold interest described above.
INSURANCE & SERVICE CHARGE
The buyer will be responsible for insuring the premises and paying for the maintenance of drains, gutters and the Edison Gate roadway on a pro-rata basis.
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 £1,350 per transaction - no VAT].
Ref: 3181C1
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