Investment To Let Andover
PROPERTY ID: 130578
PROPERTY TYPE
Investment
STATUS
Sold
SIZE
165,133 sq.ft
Key Features
Property Details
The Property Consists Of 165,133 Sq Ft Of Industrial/ Warehouse Space With A Central Office Core, Large Service Yard And Parking At Either End Of The Building. Long Leasehold Investment Opportunity Let To Le Creuset Uk Limited And Stannah Stairlifts Limited. Site Area Of 8.72 Acres Offering Future Redevelopment Potential The Property Has Been Elected For Vat However It Is Anticipated The Sale Will Be Treated As A Transfer Of A Going Concern (togc). The Long Leasehold From Test Valley Borough Council Expires On 31st May 2092 At A Passing Rent Of £90,000 Per Annum. The Property Produces A Gross Passing Rent Of £1,044,797.87 Per Annum.