Commercial property expert Curchod & Co has been instructed to sell the long-leasehold interest of Plot 31/32, North Way on the Walworth Business Park in Andover, Hampshire.
The 131,785 Sq Ft (12,243 Sq M) headquarters industrial, warehouse and distribution facility, which has potential for further expansion and development, is held on a 99-year ground lease dated April 1992. The rent on the property is currently £192,439 per annum. The rent payable is reviewed every 20 years, and the next review is in 2039.
Keith Enters of Curchod & Co said: “The property is situated very prominently on the popular Walworth Business Park and has excellent links to Andover’s ring road and the A303, the A34 and the national motorway network.
“With a low site density of around 35%, the site has plenty of scope for further development and expansion.”
For further information, please contact Keith Enters.
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