Industrial unit for sale
Property description & features
- Tenure: Freehold
- Self-Contained Site
- Unit has potential to be subdivided
- 360 Degrees Circulation
- To Be Comprehensively Refurbished including New Roof
- Minimum Eaves Height of Approximately 5.85 Metres
- Site Area of 3.96 Acres, Providing a Site Density of 54%
- Prominent Position on Andover’s Principal Industrial Area
- 108 Car Parking Spaces
- 24/7 Access
The unit benefits from a minimum eaves height of approximately 5.85 metres and there are 4 electrically operated level access full height loading doors leading to a secure concrete surfaced yard to the rear. Externally the property benefits from 360 degrees circulation based on a one way system and 108 car parking spaces. The property can operate on a 24/7 basis for logistics purposes and the site area is 3.96 acres, providing a site density of 54%.
The property is available to let as a whole at a quoting rent of £5.75 per square foot. This is on the basis of no full refurbishment - light touch refurbishment only.
Alternatively, the property is available for sale on a long leasehold basis at a quoting price of £5.5m.
Location
The property is situated in a very prominent position within Portway East Business Park, which lies on the western edge of the town providing excellent links to the northern ring road and the A303 London to Exeter trunk road.
Andover is located in Hampshire, approximately 70 miles south west of Central London, 35 miles south west of Reading and 30 miles north west of Southampton. The town benefits from excellent transport connections being located adjacent to the A303 dual carriageway providing direct access to Junction 8 of the M3 motorway (circa 14 miles to the east). Heathrow International Airport is located approximately 57 miles from east of Andover. Andover Railway Station (within walking distance of the property) provides direct services to London Waterloo with a fastest journey time of approximately 67 minutes.
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