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 2025/26 |
£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 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.
2025 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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