LOCATION
The premises are located in Glenmore Business Park which is approached along Colebrook Way, off Weyhill Road, about 1 mile from both Andover Town Centre and the A303 dual-carriageway.
DESCRIPTION
A two-storey business unit providing ground floor workshop/storage and first floor offices with loading door 2.4 m (h) x 2.4 m [7’10” x 7’10”], separate personnel door, lighting, partial air-conditioning, kitchenette, WC and 2 parking spaces.
SERVICES
Mains electricity, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
| Ground Floor Workshop/Storage |
43.6 |
[469] |
| WC |
3.0 |
[32] |
| First Floor Offices |
26.7 |
[287] |
| TOTAL |
73.3 |
[788] |
Approximate gross internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition.
RATING ASSESSMENT
| Rateable Value from 01/04/2023 |
£9,100.00 |
| Business Rates Payable 2024/25 |
£4,540.90 |
| With Small Business Rate Relief 2024/25 |
£0.00 |
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 that property is less than £15,000.
ENERGY PERFORMANCE CERTIFICATE
E118 - Valid until 20/06/2028.
LEASING BUSINESS PREMISES
The Code for Leasing Business Premises, England and Wales 2020 is available to download at: www.rics.org/globalassets/code-for-leasing_ps-version_feb-2020.pdf
TERMS
To be let on a new FRI lease for a period to be agreed at a commencing rent of £10,000 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.
Estimate 2024 - £915.29 + VAT.
LEGAL COSTS
Each party to bear their own legal costs.
Ref: 4140C6
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