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    Key features

    • To be offered on Tuesday 29 October
    • Freehold Offices and Site extending to Appoximately 6.49 Acres
    • Currently Arranged as 3 Office buildings over 111,059 sq ft
    • Well located in an established trading location
    • May be suitable for alternative use with similar schemes converting to Industrial subject to planning
    • VAT is applicable
    • 13 Week Completion Available
    • Investment part let at £831,096 p.a. (11.54% GIY on Guide Price) + 61,811 sq ft vacant

    Description

    The properties comprise three office buildings arranged as;


    • Buildings A&B - two interconnecting office buildings on a site of 4.48 acres to provide 61,811 sq ft of office accommodation and parking for 322 cars.


    • Building D - a detached office building on a site of 2.21 acres to provide 49,248 sq ft of office accommodation and parking for 267 cars.


    Total site area 2.63 Ha (6.49 acres)

    Additional information

    Tenure

    Freehold

    Tenancy

    Please see the schedule of tenancies and accommodation for further information.


    Please note Entserv UK Ltd are in negotiations for a new lease. Please see the legal pack for further information.

    Planning

    The property may lend itself to redevelopment, subject to all necessary consents.


    Local Planning Authority: Hart District Council.


    Website address: www.hart.gov.uk

    Rent

    £831,096 per annum

    Notes

    We understand that buildings A&B have been removed from the ratings list.


    Management Company


    The sale will include the transfer of 29 shares (Units A and B) and 17 shares (Unit D) in the Management Company which provides services to the common parts of the Bartley Wood Business Park.


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    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Accommodation / Tenancy Schedule

      Local information

      • Hook is a large village located in the Hart District of northen Hampshire
      • Hook is situated c. 6.2 miles east of Basingstoke, 36 miles northeast of Southampton and 45 miles south-west of London
      • Hook lies just north of Junction 5 of the M3 motorway, making it easily accessible
      Transport
      • Road - Located near Junction 5 of the M3 motorway providing easy access to London and Southampton. The A30 also run through Hook, connecting it to the nearby towns of Basingstoke and Yateley
      • Rail - Hook railway station is on the South Western Railway line offering regular services to London Waterloo (journey time 50 minutes), Basingstoke and many others.
      • Air - Heathrow is approximately 45 minutes away, Gatwick 1.5 hours and Southampton airport 1 hour.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums