Summary
The property comprises two industrial units of steel portal frame construction, which have been opened up to create one occupiable space on a split level. There are two storey offices at the front of Unit 1. The workshop accommodation benefits from an eaves height of 3.90m in Unit 1 and 4.90m in Unit 2. Each unit has a concertina style loading door, which measures 3.00m wide by 3.00m high in Unit 1 and 3.38m wide x 3.50m high in Unit 2. There is a 3-phase power supply to the units and a gas fired warm air blower heater in Unit 2. To the rear of the units there is a generator / compressor store and in Unit 1 there is a mezzanine floor with ladder access only.
Key Points
Two industrial units which have been opened up to create one occupiable space on a split levelTwo storey offices at the front of Unit 1Eaves height of 3.90m in Unit 1Eaves height of 4.90m in Unit 2Each unit has a concertina style loading doorGas fired warm air blower heat in Unit 2Shared loading yard with allocated parking spaces
Tenure
The property is available on a new Full Repairing and Insuring occupational lease on terms to be negotiated. Alternatively, the property is for sale via the residue of the Headlease, which is for a term of 125 years from 13th December 2006, subject to 10 yearly ground rent reviews and at a current ground rent of £XXX per annum. In addition to Units 1/2, the Headlease includes Units 3 & 4 and 5 & 6 Wooler Park, which have been sold on long sub-underleases and pay a combined rent of £XXX per annum to the Head Tenant. More information is available on request.
Service Charge
There is a service charge for the maintenance and repair of the communal parts of the property. More information available on request.
Planning
Interested parties should satisfy themselves as to the suitability of their proposed use. All enquiries should be directed to Test Valley Borough Council, Beech Hurst, Weyhill Road, Andover, SP10 3AJ. Tel: 01264 368000.
Anti Money Laundering
To comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.
Location
Andover is an important commercial centre of north Hampshire, situated on the A303 Trunk Road. The A303 links directly to the M3 at Junction 8, approximately 20 miles to the east, London and the M25 and interconnects with the A34 dual carriageway running north from the M3 at Winchester, linking Newbury and Oxford to the M40. Main line railway connection to London Waterloo (approximately 70 minutes).