LOCATION
The premises are located in Prince Close, off North Way, on Walworth Business Park which lies on the eastern outskirts of Andover, next to the ring-road giving easy access to the A303 dual-carriageway.
DESCRIPTION
End of terrace factory/warehouse unit with internal eaves height 3.9 m [12’9”], loading door 3.0 m (h) x 4.0 m [13’1” x 9’10”], personnel door, lighting, WCs and 4 parking spaces.
SERVICES
Mains electricity, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
| Factory/Warehouse |
238.9 |
[2,572] |
| WCs |
10.1 |
[108] |
| |
|
|
| TOTAL |
249.0 |
[2,680] |
Approximate gross internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition.
RATING ASSESSMENT
| Rateable Value from 01/04/2023 |
£17,500.00 |
| Business Rates Payable 2025/26 |
£8,732.50 |
ENERGY PERFORMANCE CERTIFICATE
To be assessed.
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 £21,000 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.
| Service Charge Estimate 2026 |
£1,550.00 + VAT |
| Insurance Estimate 2026 |
£675.00 + 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 of approximately £1,500 - no VAT.
Ref: 3418C15
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