Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
15 miles north of Winchester, 19 miles north-east of Salisbury, 67 miles south-west of Central London
Roads
A3057, A303
Rail
Andover Rail Station (67 minutes to London Waterloo)
Air
Southampton Airport
Situation
The property is situated in a prominent corner location on the western side of Winchester Street, also fronting the busy A3057, a short walk from the town centre. The Lamb & Flag public house lies opposite the property with a number of other office occupiers in the immediate vicinity.
Tenure
Freehold.
Location
Miles
15 miles north of Winchester, 19 miles north-east of Salisbury, 67 miles south-west of Central London
Roads
A3057, A303
Rail
Andover Rail Station (67 minutes to London Waterloo)
Air
Southampton Airport
Situation
The property is situated in a prominent corner location on the western side of Winchester Street, also fronting the busy A3057, a short walk from the town centre. The Lamb & Flag public house lies opposite the property with a number of other office occupiers in the immediate vicinity.
Tenure
Freehold.
Description
The property comprises a modern three storey building providing office accommodation over two wings, each benefitting from its own entrance. The property also benefits from onsite parking for approximately 10 cars.
Six Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a modern three storey building providing office accommodation over two wings, each benefitting from its own entrance. The property also benefits from onsite parking for approximately 10 cars.
Six Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Wing
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x.
Reviews
West
Ground First Second
Office Office Office
171.68 sq m 151.99 sq m 151.99 sq m
(1,848 sq ft) (1,636 sq ft) (1,637 sq ft)
BE WISER INSURANCE SERVICES LIMITED (1)
15 years from 21/02/2014 until 20/02/2029 (2)
£44,000
21/02/2019 & five yearly
East
Ground First Second
Office Office Office
40.04 sq m 61.50 sq m 76.27 sq m
(431 sq ft) (662 sq ft) (821 sq ft)
BECK RANDALL & CARPENTER LIMITED (3)
10 years from 13/06/2012 until 12/06/2022
£19,500
13/06/2017
Totals
653.47 sq m
(7,037 sq ft)
£63,500
(1) For the year ending 31st May 2014, Be Wiser Insurance Services Limited reported a turnover of £25,870,707, pre-tax profits of £2,178,623 and a total net worth of £1,652,388. (Source: www.riskdisk.com 17/04/2015) Bewiser have over 600 members of staff, based at Aldwych House and other offices in the nearby area in Andover (Source: http://www.bewiser.co.uk 17/04/2015) (2) The lease to Be Wiser Insurance Services Limited provides a tenant only option to determine on 20/02/2019 and 20/02/2024 (3) The lease to Beck Randall & Carpenter Limited provides a tenant only option to determine on 13/06/2017 (4) Originally established in 1969 as the Andover office of a regional firm, Beck Randall & Carpenter Limited became an independent firm of Chartered Accountants in 1996 offering a comprehensive range of accounts, tax and business advisory services to private individuals and companies in many sectors throughout Hampshire, Wiltshire and beyond. (Source: http://www.brcaccountants.co.uk 17/04/2015)
