![3239C6 RESIZED](/res/3239C6 RESIZED1.jpg)
LOCATION
The premises are located in Arkwright Gate, off Hopkinson Way, on Portway West Business Park which lies on the western outskirts of Andover next to the A303 dual-carriageway.
DESCRIPTION
Factory/warehouse unit with scope for office provision, internal eaves height 3.9 m [12’9”], Loading door 3.2 m (h) x 2.6 m [10’6” x 8’6”], separate personnel door, lighting, WC and 4 parking spaces.
SERVICES
Mains electricity, gas (meter not connected), water and sewerage.
ACCOMMODATION
|
m2 |
[ft2] |
Factory/Warehouse |
91.3 |
[983] |
WC |
4.4 |
[47] |
TOTAL |
95.7 |
[1,030] |
Approximate gross internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition.
RATING ASSESSMENT
Rateable Value from 01/04/2023 |
£7,200.00 |
Business Rates Payable 2024/25 |
£3,592.80 |
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
C58 - Valid until 28/02/2033.
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 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 - £800 + 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 costs [usually about £1,350 per transaction - no VAT].
Ref: 3239C6
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