LOCATION
The premises are located in Regents Court, off South Way, on Walworth Business Park which lies on the eastern outskirts of Andover next to the ring-road which leads onto the A303 dual-carriageway.
DESCRIPTION
A modern factory/warehouse unit in pleasant landscaped courtyard with two-storey offices, internal eaves height 5.5 m [18'0"], loading door 4.0 m (h) x 4.0 m [13'1" x 13'1"], separate personnel door, heating, lighting, kitchenette & WCs together with parking for 9 cars & 1 lorry.
SERVICES
Mains electricity, gas, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
| Factory/Warehouse |
137.4 |
[1,479] |
| Office & Ancillary |
162.3 |
[1,747] |
| TOTAL |
299.7 |
[3,226] |
Approximate gross internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition.
RATING ASSESSMENT
| Rateable Value from 01/04/2023 |
£24,500.00 |
| Business Rates Payable 2024/25 |
£12,225.50 |
ENERGY PERFORMANCE CERTIFICATE
D87 - Valid until 28/09/2031.
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 £29,000 pax + 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: 3631C8
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