LOCATION
The premises are located at the corner of Hopkinson Way and Smeaton Road on Portway West Business Park which lies on the western outskirts of Andover next to the A303 dual-carriageway.
DESCRIPTION
Detached factory/warehouse building with large yard in a prominent corner position and provided with well-fitted two-storey offices, an internal eaves height 6.0 m [19'8"], 2 large loading doors, heating, lighting, WCs and ample parking.
SERVICES
Mains electricity, gas, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
| Factory/Warehouse |
1,540.3 |
[16,580] |
| Office & Ancillary |
236.3 |
[2,543] |
| TOTAL |
1776.6 |
[19,123] |
ENERGY PERFORMANCE CERTIFICATE
Rating - E107.
RATING ASSESSMENT
Rateable Value £81,000.00.
Business Rates Payable 2015/16 £39,933.00.
TENURE
The premises are held on the residue of a 125 year ground lease from 20 September 1982, subject to 5 yearly non-downward ground rent reviews, and at a current ground rent of £13,020 pax [VAT is not currently charged].
TERMS
EITHER FOR SALE
Price £1,000,000 + VAT for the ground lease interest described above.
OR TO LET
On a new FRI lease for a period to be agreed at a commencing rent of £105,000 pax + VAT.
LEGAL COSTS
The purchaser or lessee will be responible for all parties' legal costs.
Ref: 3046C
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