4 East Portway, Andover Test Valley, SP10 3LU

This industrial is now off the market
For sale £3,250,000 94,994 sq ft
11 days ago. Avison Young
Full address
4 East Portway, Andover Test Valley, SP10 3LU - Andover
Contact details
Asking price
Contact the agent
Property type
Industrial unit for sale
Features
BREEAM, Business park, Car park, Lift, Modern, Reception, Storage, Train transport, Transport
Size
94,994 sq ft
Tenure
Long leasehold
NIY (%)
9.4

Well specified distribution/industrial investment, which extends to a total of 94,994 sq ft (8,824 sq m) with an eaves height of approximately 5.85m, on a self-contained site.
• The property is situated on the well-established East Portway Industrial Estate
• The property is situated on the well-established East Portway Industrial Estate
• Let on FRI terms to AET Transport Andover Ltd (with a guarantor of AET Transport Services Ltd)
• Let on a 15 year lease from January 2016, with 7.3 years remaining to break option
• Low passing rent of £379,200 pa (£4.00 psf) with fixed upward reversion of £426,600 p.a. (£4.50 psf)
• The property is held long leasehold
• Low passing rent with prime industrial rents in Andover now at £7.50 psf
• The tenant is wedded to this facility as it is of key importance to their occupational requirements

This industrial unit for sale is located in Andover

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National rail 1.3m Andover
Nearest airport 31.1m Southampton

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