LOCATION
The premises are located in Hunting Gate, overlooking the main Portway East Business Park road, which lies on the western outskirts of Andover giving easy access to the A303 dual-carriageway.
DESCRIPTION
Two factory / warehouse / trade counter units with internal eaves heights of 4.5 m [14'9"], loading door 3.5 m (h) x 3.6 m [11'6" x 11'10"], lighting, WCs and 4 parking spaces per unit.
SERVICES
Mains electricity, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
| UNIT C1 |
|
|
| Factory/Warehouse |
184.8 |
[1,989] |
| WCs |
13.0 |
[140] |
| Mezzanine |
82.6 |
[889] |
| TOTAL UNIT C1 |
280.4 |
[3,018] |
| |
|
|
| UNIT C2 |
|
|
| Factory/Warehouse |
189.2 |
[2,037] |
| WCs |
6.6 |
[71] |
| TOTAL UNIT C2 |
195.8 |
[2,108] |
| |
|
|
| TOTAL UNITS C1 & C2 |
476.2 |
[5,126] |
Approximate gross internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition.
RATING ASSESSMENTS
| UNIT C1 |
|
| Rateable Value from 01/04/2023 |
£15,500.00 |
| Business Rates Payable 2024/25 |
£7,734.50 |
| |
|
| UNIT C2 |
|
| Rateable Value from 01/04/2023 |
£15,250.00 |
| Business Rates Payable 2024/25 |
£7,609.75 |
ENERGY PERFORMANCE CERTIFICATES
Unit C1 - To be assessed.
Unit C2 - B38 - Valid until 09/03/2031.
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 leases for periods to be agreed at the following commencing rents:
| Unit C1 |
£22,000 pax + VAT |
| Unit C2 |
£20,000 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 £1,200 per transaction - no VAT].
Ref: 3794CC1&C2
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