LOCATION
The premises are located in Darby Gate, off Hopkinson Way, on Portway West Business Park which lies on the western outskirts of Andover next to the A303 dual-carriageway.
DESCRIPTION
A factory/warehouse unit with ground floor office & WCs, mezzanine offices & staffroom, an internal eaves height of 5.0 m [16'6"], loading door 4.0 m (h) x 4.5 m [13'2" x 14'9"], 2 separate personnel doors, heating, lighting and 3 parking spaces.
SERVICES
Mains electricity, gas, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
| Ground Floor Factory/Warehouse |
95.0 |
[1,023] |
| Ground Floor Office & WCs |
16.7 |
[180] |
| Mezzanine Offices & Staffroom |
52.6 |
[566] |
| TOTAL |
164.3 |
[1,769] |
ENERGY PERFORMANCE CERTIFICATE
Rating - E124.
RATING ASSESSMENT
To be re-assessed but we estimate:
| Rateable Value from 01/04/2017 |
£ 10,400.00 |
| Business Rates Payable 2017/18 |
£ 4,846.40 |
| With Small Business Relief 2017/18 |
£ 0.00 |
TENURE
The premises are held on the residue of a 108 year & 304 day ground lease from 23 December 1999 until 21 October 2108, subject to non-downward ground rent reviews on 26 October 2003 and 5 yearly thereafter, and at a current ground rent of £1,751.36 pax [VAT is not currently charged.
TERMS
EITHER FOR SALE
Price £100,00 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 £10,400 pax with the landlord responsible for paying the ground rent.
VAT is not currently charged.
SERVICE CHARGE
The occupier will be responsible for re-paying the landlord the buildings insurance [29/12/2015 - 29/12/2016 £219.16] and paying a fair proportion of the maintenance of the common parts.
LEGAL COSTS
The tenant will be responsible for all parties' legal costs.
Ref: 3743C4
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