LOCATION
The premises are located in 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
Detached business unit, previously used as a gym, and suitable for a variety of light industrial, office and warehouse purposes. The premises are currently divided into separate rooms and have heating, lighting, WCs, showers and parking for approximately 20 cars.
SERVICES
Mains electricity, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
| Business Unit |
396.7 |
[4,270] |
| TOTAL |
396.7 |
[4,270] |
Approximate gross internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition.
RATING ASSESSMENT
| Rateable Value from 01/04/2023 |
£38,500.00 |
| Business Rates Payable 2024/25 |
£19,211.50 |
ENERGY PERFORMANCE CERTIFICATE
E110 - Valid until 05/11/2031.
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 £36,000 pax [VAT is not currently charged].
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: 3807C
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