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& Land Specialists

Property Description

Lock-up office unit on newly constructed local centre site. Approx 1,433 sq ft (133 sq m)

Rent : £19,950 per annum
Price : £245,000
Adjacent to new Co-Op convenience store

Location
The development comprises the northern most local centre site at Augusta Park, East Anton which adjoins a recently constructed community centre, a care home and a primary school which forms the core of a housing estate which provides more than 2,500 new homes on the north-eastern outskirts of Andover.

Description
Unit 4 comprises an end of terrace unit which forms part of a development of four units anchored by a large convenience store which has been pre-let to the Southern Co-Op. Unit 2 is under offer and Unit 3 has been pre-let to a fish and chip shop.    There are flats at first floor level. The Unit will be fitted out to provide open plan office accommodation to include the following:
Aluminium framed shop front with internal security shutter
Choice of carpet/vinyl floor covering
Suspended ceiling with inset lighting
Perimeter dado trunking
Gas central heating and hot water supply
Fully fitted WC facility.

There is an enclosed concrete yard to the rear and the Unit will be allocated a parking space in the adjacent parking bay.

Accommodation
Approximate Gross internal Areas

Unit 4 133.0 sq m (1,433 sq ft)

Method of Disposal
Occupational Lease
The property is available on a new full repairing and insuring lease for a term to be agreed at a commencing rent of £19,950 per annum subject to regular upward only rent reviews.

Purchase
Alternatively, the Unit is available to purchase on a long leasehold basis at a price of £245,000 VAT will be applicable to both rent and price.

Service Charge
A service charge will be levied to cover the maintenance and upkeep of the common parts of the development (estimated sum based on proposed budget : £1,500 pa)

Buildings Insurance
Estimated contribution towards the initial premium : approx £500 pa


Business Rates
To be assessed.

Services
We understand that all mains services will be connected to the property

Caution
Woolley and Wallis Commercial have not tested the services mentioned in these particulars.

Planning
Under Planning Permission 15/00729/FULLN the permitted planning use for Unit 4 is B1 (a) offices.

Legal Costs
Both parties reasonable legal costs are to be borne by the ingoing tenant.

Code of Practice
You should be aware that the Code of Practice on commercial leases in England and Wales recommends that you seek professional advice from a qualified Surveyor, Solicitor or Licensed Conveyancer before agreeing or signing a business tenancy agreement. The code is available from professional institutions and trade associations or through the website www.commercialleasecodeew.co.uk.

References
Financial and accountancy references will be sought from any prospective tenant prior to agreement.

Viewing
Strictly by appointment only through Woolley & Wallis Commercial (01722 330333)

Map

Shortlist Brochure

Augusta Park, East Anton, Andover, SP11

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