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 offices, internal eaves height 5.0 m [16’6”], large loading door 4.0 m (h) x 4.5 m [13’2” x 14’9”], 2 personnel doors, heating, lighting, staffroom, 2 WCs and 3 parking spaces.
SERVICES
Mains electricity, gas, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
| |
|
|
| Factory/Warehouse |
95.0 |
[1,023] |
| Ground Floor Office & WCs |
16.7 |
[180] |
| First Floor Offices & Staffroom |
52.6 |
[566] |
| |
|
|
| TOTAL |
164.3 |
[1,769] |
ENERGY PERFORMANCE CERTIFICATE
E114 - valid until 18/12/2026.
RATING ASSESSMENT
| Rateable Value from 01/04/2017 |
£6,800.00 |
| Business Rates Payable 2022/23 |
£3,393.20 |
| With Small Business Relief 2020/21 |
£0.00 |
|
|
TENURE
The premsies are held on the residue of a 108 year 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 every 5 years thereafter, and at a current ground rent of £2,055.96 pax [VAT is not currently charged].
TERMS
EITHER FOR SALE
Price £110,000 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 £10,750 pax. NB on a letting the landlord pays the 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: 3743C4
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