.......................................... specialising in commercial property since 1981

UNIT B HUNTING GATE, PORTWAY EAST BUSINESS PARK, ANDOVER, SP10 3SJ

3794CB Resized

LOCATION

The premises are located next to Scxrewfix in Hunting Gate on Portway East Business Park which lies on the western outskirts of Andover giving easy access to the A303 dual-carriageway.

DESCRIPTION

Prominent factory / warehouse / trade counter unit in pleasant landscaped courtyard with attractive glazed front elevation, ground floor offices, mezzanine storage, internal eaves height 4.5 m [14’9”], large loading door 3.5 m (h) x 3.6 m [11’6” x 11’10”], separate personnel door, lighting, kitchenette WCs and 10 parking spaces.

SERVICES

Mains electricity, gas (no meter), water and sewerage.

ACCOMMODATION

  m2 [ft2]
Factory/Warehouse/Trade Counter 313.9 [3,379]
Office & Ancillary 84.7 [912]
Mezzanine Storage 64.4 [693]
TOTAL 463.0 [4,984]

ENERGY PERFORMANCE CERTIFICATE

Rating - E125.

RATING ASSESSMENT

Rateable Value from 01/04/2017 £17,250.00
Business Rates Payable 2019/20 £8,469.75

TENURE

The premises are held on the residue of a 10 year FRI lease from 24 May 2018, subject to a non-downward rent review after 5 years, tenant option to break at the 5 year point and at a current rent of £32,500 pax + VAT.

TERMS

Lease to be assigned at nil premium.

SERVICE CHARGE

There will be a service charge to cover the maintenance of the common parts, the management of the development and the insurance of the building.

LEGAL COSTS

Each party to bear their own legal costs, the assignor to pay the immediate landlord’s costs and the assignee to pay Test Valley Borough Council’s costs as freeholder [usually about £1,1,00].

Ref: 3794CB

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