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

UNIT 15, FOCUS 303 BUSINESS CENTRE, FOCUS WAY, WALWORTH BUSINESS PARK, ANDOVER, SP10 5NY

3557C15 Resized

LOCATION

The premises are located in Focus 303 Business Centre, off South Way, on Walworth Business Park which lies on the eastern outskirts of Andover next to the ring-road which leads onto the A303 dual-carriageway.

DESCRIPTION

Small factory / warehouse / office unit with tinted glazed front elevation, small glazed loading door, separate glazed personnel door, heating, lighting, kitchenette and WC together with 2 dedicated parking spaces and communal parking.

SERVICES

Mains electricity, gas, water and sewerage.

ACCOMMODATION

  m2 [ft2]
Office / Factory / Warehouse 37.1 [399]
Kitchenette & WC 4.9 [53]
TOTAL 42.0 [452]

ENERGY PERFORMANCE CERTIFICATE

Rating - D91.

RATING ASSESSMENT

Rateable Value from 01/04/2017 £4,200.00
Business Rates Payable 2018/19 £2,016.00
With Small Business Relief 2018/19 £       0.00

TENURE

The premises are held on the residue of a 125 year less 3 days ground lease from 29 April 1988, subject to 5 yearly non-downward ground rent reviews effectively to 10% of the open market rental value of the premises, and at a current ground rent of £600 pax + VAT.

TERMS

EITHER FOR SALE

Price £47,500 + VAT for the ground lease interest described above

OR TO LET

On a new FRI lease for a period to be agreed at a commencing rent of £5,000 pax + VAT. [NB Landlord pays ground rent].

LEGAL COSTS

Each party to bear their own legal costs and the incoming purchaser/lessee to pay the freeholder's costs [usually about £750].

Ref: 3557C15

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