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Cheriton House North Way

131,785 SF 100% Leased Office Building Andover SP10 5AZ £3,750,000 (£28/SF)

Investment Highlights

  • Prominent position within Walworth Business Park
  • High bay warehouse with 10 metre eaves
  • 200 car parking spaces

Executive Summary

The property is a 131,785 sf (12,243 sm) headquarters style industrial, warehouse and distribution facility occupying a 7.117 acre (2.88 hectare) regular shaped site including approximately 200 car parking spaces, lorry circulation and loading areas.
The buildings were originally constructed in the 1960’s with the offices and warehousing subsequently extended in the 1980s.
The site benefits from a very low site density of circa 35%, giving scope for further development (STP).

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
131,785 SF
Building Class
B
Year Built
1968
Price
£3,750,000
Price Per SF
£28
Percent Leased
100%
Tenancy
Multiple
Number of Floors
5
Typical Floor Size
26,357 SF
Building FAR
0.05
Land Acres
57.49 AC

Amenities

  • Kitchen
  • EPC - C
  • Reception
  • Common Parts WC Facilities
  • Fully Carpeted
  • Lift Access
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Floor
  • 12,556 SF
  • Office
  • Full Build-Out
  • 30 Days

The property comprises a 2nd floor office suite, which is predominantly open plan in configuration with a number of separate office and meeting rooms constructed from demountable stud partitioning. The property benefits from air conditioning providing heating and cooling, Category II lighting, Category V cabling and a carpet tiled floor throughout. Kitchen and toilet facilities are provided within the communal areas on the 2nd floor and there is a gym on the ground floor that can be utilised by the tenants. Access to the 2nd floor is via the well-presented reception area leading to the stairwell or via the passenger lift. There is ample car parking allocated to the 2nd floor. More information is available upon request.

Space Size Space Use Condition Available
2nd Floor 12,556 SF Office Full Build-Out 30 Days

2nd Floor

Size
12,556 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

2nd Floor

Size 12,556 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

The property comprises a 2nd floor office suite, which is predominantly open plan in configuration with a number of separate office and meeting rooms constructed from demountable stud partitioning. The property benefits from air conditioning providing heating and cooling, Category II lighting, Category V cabling and a carpet tiled floor throughout. Kitchen and toilet facilities are provided within the communal areas on the 2nd floor and there is a gym on the ground floor that can be utilised by the tenants. Access to the 2nd floor is via the well-presented reception area leading to the stairwell or via the passenger lift. There is ample car parking allocated to the 2nd floor. More information is available upon request.

  • Listing ID: 29623893

  • Date on Market: 26/09/2023

  • Last Updated:

  • Address: North Way, Andover SP10 5AZ

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