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 pleasantly fitted offices, useful above office storage, internal eaves height 3.9 m [12’9”], loading door 3.0 m (h) x 4.0 m [9’10” x 13'1"], personnel door, heating, lighting, WCs and 6 parking spaces.
SERVICES
Mains electricity, gas, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
| Factory/Warehouse |
188.0 |
[2,024] |
| Office & WCs |
61.0 |
[657] |
| Mezzanine |
51.7 |
[556] |
| |
|
|
| TOTAL |
300.7 |
[3,237] |
Approximate gross internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition.
RATING ASSESSMENT
Estimated figures as Units 4 & 5 are currently assessed as one hereditament.
| Rateable Value from 01/04/2026 |
£23,500.00 |
| Business Rates Payable 2026/27 |
£10,152.00 |
ENERGY PERFORMANCE CERTIFICATE
D85 - Valid until 20/84/2026.
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 £22,000 pax + VAT.
ADDITIONAL COSTS
The tenant will be responsible for repaying the landlord for insuring the building.
2026 Insurance Estimate £675 + VAT.
The tenant will be responsible for paying a service charge for the maintenance of the common parts and the management of the development.
2026 Service Charge Estimate £1,550 + 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 [approximately £1,500 - no VAT].
Ref: 3418C4
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