.......................................... specialising in commercial property since 1981

UNIT 4, GALILEO PARK, MITCHELL CLOSE, PORTWAY WEST BUSINESS PARK, ANDOVER, SP10 3XQ

3371C4 IMG 6762 RESIZED

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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