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 office / factory / warehouse unit with tinted glazed front elevation, small glazed loading door, separate glazed personnel door, air-conditioning, lighting, kitchenette and WC together with 2 dedicated parking spaces and communal parking.
SERVICES
Mains electricity, gas (no meter), 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 - D79.
RATING ASSESSMENT
| Rateable Value from 01/04/2017 |
£4,200.00 |
| Business Rates Payable 2019/20 |
£2,062.20 |
| With Small Business Relief 2019/20 |
£ 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/tenant to pay Test Valley Borough Council's costs as freeholder [usually about £1,100].
Ref: 3557C18
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