The property comprises a modern, detached, purpose built, two storey office building with communal entrance lobby, providing open plan floor space of a good standard of accommodation with perimeter trunking, air conditioning, raised accessed floors, male and female toilets with shower and a lift to the upper floor.
The building is set within a site of circa 1.05 acres with an excellent provision of parking and landscaped grounds.
Long leasehold office investment
Possible Part Vacant Possession
Prominent and well located
Modern and detached
1.05 acre plot with excellent parking
Lift access, WCs & shower facilities
Net income £93,120 pa
The property is situated on West Point Business Park on the western side of Andover, one of the principal commercial estates in the town. The location has excellent road links being adjacent to the A303 dual carriageway providing access to the A34 / M3 motorway to the east or directly towards Exeter to the west.
The immediately vicinity is made up of a variety of commercial premises, including retail trade parks and adjoins a hotel. On the opposite side of the A303, Andover Business Park is currently under construction providing industrial and leisure units.
Terms & Conditions
Offers are invited for the long leasehold interest, subject to the existing tenancies for a sum of £1,000,000 subject to contract and exclusive of VAT which reflects a NIY of 8.8% after purchaser's costs of approx. 5.75%.