Mitchell Clos - Warehouse FOR SALE


Andover, HAM SP10 3TJ
$980,000 USD
125-648-0916
Mitchell Clos, Andover, HAM for Sale
$980,000 USD
Warehouse - FOR SALE
1/2
null | 11.63% Cap Rate

Mitchell Clos
Andover, HAM SP10 3TJ


HIGHLIGHTS

  • The factory is located in Andover’s prime area, half a mile from the A303
  • Links to the M3 at Junction 8
  • The property has a dedicated secure yard

OVERVIEW

The property comprises a self contained factory/warehouse with clear span warehouse, 5.2m minimum eaves height, well fitted two storey offices, two up and over loading doors each measuring 4.50m wide by 4.48m high, mezzanine storage, WC facilities and a dedicated secure yard. The property is available on the residue of a ground lease for a term of 125 years from 1st January 1985, subject to 5 yearly upward rent reviews to 14.5% of the full rack rented value for the demised premises. The current ground rental payable is £10,600 per annum exclusive. Alternatively, the property is available on a new Full Repairing and Insuring occupational lease, drawn out of the Security of Tenure Provisions of the Landlord & Tenant Act 1954.

FOR SALE DETAILS

PRICE

$980,000 USD

PRICE/SF

$77 USD /SF

CAP RATE

11.63%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Thornson House

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.54

LAND SF

23,522

ZONING

-

APN/PARCEL ID

HP671290

ASK ABOUT THIS PROPERTY

Keith EntersCurchod & CoMore Info
125-648-0916

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Keith EntersCurchod & CoMore Info
125-648-0916

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.