LOCATION
The premises are located in Westmarch Business Centre, just off Andover's ring-road, and close to both Tesco Extra and the Retail Parks with the Town Centre, Railway Station and A303 dual-carriageway all readily accessible.
DESCRIPTION
Excellent first floor office suite set in a pleasant landscaped courtyard with suspended ceilings, heating, perimeter trunking, carpets, kitchenettes, WCs and 5 parking spaces.
SERVICES
Mains electricity, water and sewerage.
ACCOMMODATION
|
m2 |
[ft2] |
Offices |
97.2 |
[1,046] |
Kitchenettes |
3.8 |
[41] |
WCs |
|
|
TOTAL |
101.0 |
[1,087] |
Approximate net internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition.
RATING ASSESSMENT
Rateable Value from 01/04/2023 |
£13,750.00 |
Business Rates Payable 2024/25 |
£6,861.25 |
With Small Business Rate Relief 2024/25 |
£4,002.40 |
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 their premises is less than £15,000.
ENERGY PERFORMANCE CERTIFICATE
D98 - Valid until 15/03/2025.
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 £14,400 pax + VAT.
SERVICE CHARGE
There will be a service charge to cover maintenance of the common parts, management of the development and insurance of the building.
2024 Estimate - £1,500 + 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: 3693C6&7FF
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