LOCATION
The premises are located in Galileo Park, off Mitchell Close, on Portway West Business Park which lies on the western outskirts of Andover next to the A303 dual-carriageway.
DESCRIPTION
Factory/warehouse unit with office, internal eaves height 4.3 m [14'1"], gas-fired space heating, lighting, loading door 3.5 m (h) x 3.2 m [11'6" x 10'6"], separate personnel door, kitchenette, WCs and 6 parking spaces.
SERVICES
Mains electricity, gas, water and sewerage.
ACCOMMODATION
|
m2 |
[ft2] |
Factory/Warehouse |
155.0 |
[1,668] |
Office & Ancillary |
27.4 |
[295] |
TOTAL |
182.4 |
[1,963] |
ENERGY PERFORMANCE CERTIFICATE
E105 - valid until 08/05/2025.
RATING ASSESSMENT
Rateable Value from 01/04/2023 |
£14,750.00 |
Business Rates Payable 2024/25 |
£7,360.25 |
With Small Business Rate Relief |
£6,746.90 |
In England and Wales small businesses are generally entitled to Small Business Rate Relief if they only occupy one commercial property and the Rateable Value of their premises from 01 April 2017 is less than £15,000.
TERMS
To let on a new FRI lease for a period to be agreed at a commencing rent of £18,500 pax + VAT.
SERVICE CHARGE
There will be a service charge to cover maintenance of common parts, management of the development and insurance of the building.
2024 Estimate £2,200 + VAT
LEGAL COSTS
Each party to bear their own legal costs and the incoming tenant to pay Test Valley Borough Council's costs as freeholder [usually about £1,350 per transaction - no VAT].
Ref: 3371C4
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