Eagle House
Joule Road
Andover
Hampshire
SP10 3UX

Modern Office Opportunity

  • Attractive modern Two storey office building.
  • Approximately 935.25 sq m (10,067 sq ft)
  • Approximate Site Area 1.05 Acres/0.425 Hectares with a Site Coverage of approximately 15%
  • Car parking for approximately 50 cars with ratio of 1:200
  • Strategic location at the junction of the A303 and A343
  • Major occupiers on the estate include Euronics, Mitutoyo, and Premier Inn
  • Lot
    40
  • Auction
    23/Sep/2020
  • Vacant Posession
  • Status
    Sold Prior
  • Price*
     
  • Sector
    Office
  • Auction Venue
    Live Streamed Auction
Important Auction & Property Update
  • Eagle House<br>Joule Road<br>Andover<br>Hampshire<br>SP10 3UX
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* More information on the term "price" can be found here

Property Information

Location
Miles
15 miles north of Winchester, 19 miles north-east of Salisbury, 67 miles south-west of Central London
Roads
A303, A343, M3
Rail
Andover Rail Station
(67 minutes to London Waterloo)
Air
Southampton Airport. London Gatwick
Situation

The property is located on an established industrial estate strategically situated at the junction the A303 and A343, approximately 1.5 miles west of Andover Town Centre. Major occupiers on the estate include Euronics, Mitutoyo and Premier Inn.

Tenure

Long Leasehold. 128 year leasehold interest held from the local authority from 14th June 1986 until 2116 at a current ground rent reserved of 10,000 per annum exclusive. The lease is subject to a ground rent of 8% of the open market rents receivable.

Description

The property comprises a modern two storey office building with car parking for approximately 50 cars. The property benefits form an approximate site area of 1.05 Acres/0.425 Hectares and an approximate site coverage of 15%. The offices are highly specified with air conditioning, raised floors and suspended ceilings.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band C. See legal Pack.

Tenancy & Accommodation

FloorUseFloor Areas
(Approx)
Tenant
Ground
First
Office
Office
442.86 sq m
92.38 sq m
(4,767 sq ft)
(5,300 sq ft)
VACANT POSSESSION (1)
Total
935.25 sq m
(10,067 sq ft)
 

(1) The ground floor is currently let to Furlong Business Solutions Limited until 2nd December 2020 at a current rent reserved of 44,000 per annum exclusive. The tenant has served notice to determine and the property will be subject to vacant possession upon completion.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    08.09.20
    File Size
    15 MB
    Login to View
  • Catalogue Page
    Updated Date
    02.09.20
    File Size
    596 KB
    View PDF
  • Site Plan
    Updated Date
    02.09.20
    File Size
    494 KB
    View PDF
  • Common Auction conditions
    Updated Date
    01.07.20
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    15.09.20
    File Size
    57 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Billy StruthBilly Struth +44 (0)20 7034 4854billy.struth@acuitus.co.uk
Associate Auctioneers
Carter Jonas 9 - 10 Jewry Street
Winchester
SO23 8RZ
Paul Russell 01962 876 830paul.russell@carterjonas.co.uk
Seller's Solicitors
Barker Son & Isherwood LLP 32 High Street
Andover
Hampshire
SP10 1NT
Christopher Taylor 01264 325815ctaylor@bsandi.co.uk

Useful Links

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