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Industrial Property , East Portway, Andover, SP10 3LU
94,994 Sq Ft / Industrial / General Industrial
Withdrawn - Last updated: 19 April 2021
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
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